Tax Laws Amendment (2011 Measures No. 9) Act 2012 (12 of 2012)
Schedule 6
Part 10 Small business participation percentage
Division 1 Companies
Income Tax Assessment Act 1997
108 At the end of section 152-70
Add:
(3) Paragraph (a) of item 1 of the table does not apply if the entity holds the legal and equitable interests in the *shares jointly with another entity.
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