Income Tax Assessment (1997 Act) Regulations 2021
CHAPTER 4
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INTERNATIONAL ASPECTS OF INCOME TAX
PART 4-5
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GENERAL
Division 830
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Foreign hybrids
Subdivision 830-A
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Meaning of
"
foreign hybrid
"
SECTION 830-15.01
830-15.01
FOREIGN HYBRID COMPANY
For the purposes of paragraph 830-15(3)(c) of the Act, it is a requirement for a company in relation to an income year, that the company be a limited liability partnership for the purposes of the Limited Liability Partnerships Act 2000 (UK).
For the purposes of paragraph 830-15(3)(c) of the Act, it is a requirement for a company in relation to an income year, that the company be a limited liability partnership for the purposes of the Limited Liability Partnerships Act 2000 (UK).
Note:
This requirement must be satisfied at all times during the income year when the company is in existence (see paragraph 830-15(1)(a) of the Act).
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