Income Tax Assessment Act 1997
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Hide history noteSECTION 210-110 210-110 Determining the extent to which a franking credit is reasonably attributable to a particular payment of tax
In determining the extent to which a *franking credit is reasonably attributable to a *CGT event in relation to a *qualifying SME investment of the *PDF, have regard to:
(a) the extent to which the credit can reasonably be attributed to the *payment of a PAYG instalment or the payment of income tax by the PDF in relation to its *section 124ZZB SME assessable income for an income year; and
(b) the extent to which the section 124ZZB SME assessable income can reasonably be attributed to the CGT event.
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