Income Tax Assessment Act 1997
View history note
Hide history noteSECTION 276-400 What this Subdivision is about
The trustee of an AMIT is liable to pay income tax on certain amounts reflecting under-attribution of income or over-attribution of tax offsets.
| Ensuring determined trust components are properly taxed | |
| 276-405 | Trustee taxed on shortfall in determined member component (character relating to assessable income) |
| 276-410 | Trustee taxed on excess in determined member component (character relating to tax offset) |
| 276-415 | Trustee taxed on amounts of determined trust component that are not reflected in determined member components |
| Ensuring unders and overs are properly taxed | |
| 276-420 | Trustee taxed on amounts of under of character relating to assessable income not properly carried forward |
| 276-425 | Trustee taxed on amounts of over of character relating to tax offset not properly carried forward |
| Commissioner may remit tax under this Subdivision | |
| 276-430 | Commissioner may remit tax under this Subdivision |
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