Income Tax Assessment Act 1997
View history note
Hide history noteA company with a *share capital account that is *tainted may make a choice in the *approved form given to the Commissioner to untaint the account.
197-55(2)
The choice can be made at any time, but cannot be revoked.
Note:
The choice has no effect in relation to a subsequent tainting of the share capital account that occurs after the choice is made.
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