Treasury Laws Amendment (Tax Integrity and Other Measures No. 2) Act 2018 (84 of 2018)

Schedule 2   Other effects of foreign income tax deductions

Part 2   Foreign equity distributions

Income Tax Assessment Act 1997

6   At the end of subsection 768-5(1)

Add:

; and (d) the distribution is not one to which section 768-7 (which is about foreign income tax deductions) applies.