Income Tax Assessment Act 1997
View history note
Hide history noteSECTION 210-81 Distributions to be franked with venture capital credits to the same extent 210-81(1)
If a *PDF *franks a *distribution with a venture capital credit, it must frank each other distribution made under the same resolution with a venture capital credit worked out using the same venture capital percentage.
210-81(2)
The venture capital percentage for a *distribution is worked out using the formula:
| Amount of the *venture capital credit
on the distribution Maximum franking credit for the distribution |
× | 100 |
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