New Business Tax System (Consolidation and Other Measures) Act 2003 (16 of 2003)

Schedule 1   Consolidation: amendments of various cost base provisions

Part 2   Consequential amendments relating to simplified imputation system

Income Tax Assessment Act 1997

3   Section 705-60 (table item 3, column headed 'What the step requires')

Omit "frankable", substitute "taxed".


Copyright notice

© Australian Taxation Office for the Commonwealth of Australia

You are free to copy, adapt, modify, transmit and distribute material on this website as you wish (but not in any way that suggests the ATO or the Commonwealth endorses you or any of your services or products).