Income Tax Assessment Act 1997
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Hide history noteSECTION 276-100 Relationship between section 276-80 and other charging provisions in this Act 276-100(1)
This section applies if:
(a) an amount is included in the assessable income of a *member of an *AMIT in respect of an income year in respect of the member ' s interest in the AMIT; and
(b) that amount is so included otherwise than because of the operation of subsection 276-80(2) .
276-100(2)
Reduce the amount included in the assessable income of the *member as mentioned in subsection (1) to the extent (if any) that a corresponding amount is included in the assessable income of the member in respect of the member ' s interest in the *AMIT because of the operation of subsection 276-80(2) .
276-100(3)
To avoid doubt, this section is subject to section 230-20 (financial arrangements).
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