Treasury Laws Amendment (Enterprise Tax Plan) Act 2017 (41 of 2017)
Schedule 4 Main consequential amendments relating to imputation
Part 1 Amendments commencing 1 July 2016
Income Tax Assessment Act 1997
6 At the end of subsection 197-60(4)
Add:
where:
applicable gross-up rate means the company's *corporate tax gross-up rate for the income year in which the choice is made.
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).
