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 3   Application

9   Application - general

(1) The amendments made by Part 1 of this Schedule apply in relation to distributions made on or after 1 January 2019.

(2) The amendments made by Part 2 of this Schedule apply in relation to foreign equity distributions made on or after 1 January 2019.

(3) However, the amendments do not apply unless the foreign income tax deduction to which all or part of the distribution or foreign equity distribution gives rise arises in a foreign tax period ending on or after 1 January 2019.