Treasury Laws Amendment (Timor Sea Maritime Boundaries Treaty) Act 2019 (59 of 2019)
Schedule 2 Other amendments
Income Tax Assessment Act 1997
12 Subsection 205-15(1) (after table item 6)
Insert:
|
6A |
a *franking credit arises under paragraph 417-50(5)(b) in relation to a deduction transferred to a *corporate tax entity |
the amount of the *franking credit specified in subsection 417-50(6) |
at the time provided by paragraph 417-50(5)(b) |
|
6B |
a *franking credit arises under paragraph 417-100(1)(c) in relation to *tax loss transferred to a *corporate tax entity |
the amount of the *franking credit specified in subsection 417-100(3) |
at the time provided by paragraph 417-100(1)(c) |
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