Taxation Laws Amendment Act (No. 2) 1999 (93 of 1999)
Schedule 1 Australia as a regional financial centre
Part 1 OBUs, withholding tax and thin capitalisation
Income Tax Assessment Act 1936
20 At the end of section 121EJ
Add:
(2) However, for the purposes of Division 18, if income has been subject to foreign tax it is taken to have a foreign source.
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