Income Tax Assessment Act 1936

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

Division 7 - Calculation of attributable income of CFC  

Subdivision B - General modifications of Australian tax law  

SECTION 392   NOTIONAL ASSESSABLE AMOUNTS ARE TO BE PRE-TAX  

392(1)   [Australian or foreign taxes excluded]  

An amount included in the notional assessable income of the eligible CFC is an amount before the payment of any foreign tax or Australian tax in respect of the amount.

392(2)    

(Repealed by No 96 of 2004)