Income Tax Assessment Act 1936

Pt IIIB inserted by No 138 of 1994.

S 160ZZY repealed by No 143 of 2007 , s 3 and Sch 1 item 67, applicable in relation to income years, statutory accounting periods and notional accounting periods starting on or after the first 1 July that occurs after 24 September 2007. For savings provisions, see note under s 559A . S 160ZZY formerly read:

SECTION 160ZZY DEDUCTION FOR FOREIGN TAX  
160ZZY
Foreign tax paid during a year of income by a foreign bank on interest received by its Australian branch from a place outside Australia is an allowable deduction for that year of income.

S 160ZZY inserted by No 138 of 1994.