Income Tax Assessment Act 1936

PART X - ATTRIBUTION OF INCOME IN RESPECT OF CONTROLLED FOREIGN COMPANIES  

Division 1 - Preliminary  

SECTION 323  

323   STATE FOREIGN TAXES MAY BE TREATED AS FEDERAL FOREIGN TAXES  

If, apart from this section, a listed country or an unlisted country has both:

(a) federal foreign tax; and

(b) State foreign tax;

the regulations may provide that a specified State foreign tax is to be treated, for the purposes of this Part, as if it were an additional federal foreign tax of the listed country or the unlisted country.