Treasury Laws Amendment (2018 Measures No. 5) Act 2019 (15 of 2019)
Schedule 1 AMIT technical amendments
Tax Laws Amendment (New Tax System for Managed Investment Trusts) Act 2016
42 After subitem 75(5) of Schedule 5 (before the note)
Insert:
(6) Treat a beneficiary of the trust who receives the distribution as receiving, for the purposes of the income tax law, a dividend from a corporate tax entity.
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