Tax Laws Amendment (2011 Measures No. 5) Act 2011 (62 of 2011)
Schedule 2 Interim changes to the taxation of trust income
Part 1 Main amendments
Income Tax Assessment Act 1997
21 Subsection 207-50(5) (example)
Omit “The beneficiary is therefore allowed a tax offset of $30”, substitute “The beneficiary is also allowed a tax offset of $30”.
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