Income Tax Assessment Act 1997

CHAPTER 4 - INTERNATIONAL ASPECTS OF INCOME TAX  

PART 4-5 - GENERAL  

Division 830 - Foreign hybrids  

Subdivision 830-A - Meaning of " foreign hybrid "  

SECTION 830-17   References to foreign income tax in section 830-10 or 830-15 do not include certain taxes  

830-17(1)    
Treat a reference in section 830-10 or 830-15 to foreign income tax as not including any of the following:

(a)    * credit absorption tax;

(b)    * unitary tax;

(c)    * foreign GloBE tax or other foreign minimum tax.

830-17(2)    
Foreign minimum tax mentioned in paragraph (1)(c) includes a tax specified in regulations made for the purposes of paragraph 393(2)(c) of the Income Tax Assessment Act 1936 .