Tax and Superannuation Laws Amendment (2015 Measures No. 6) Act 2016 (10 of 2016)

Schedule 2   Foreign resident capital gains withholding payments

Part 2   Consequential amendments

Income Tax Assessment Act 1997

5   Subsection 995-1(1) (paragraph (b) of the definition of amount required to be withheld)

Omit "*non-cash benefit of which the withholding payment consists", substitute "*non-cash benefit or *capital proceeds to which the withholding payment relates".