Treasury Laws Amendment (Fairer for Families and Farmers and Other Measures) Act 2024 (136 of 2024)
Schedule 6 Miscellaneous and technical amendments
Part 2 Amendments commencing first day of next quarter
Division 1 General class investors
Income Tax Assessment Act 1997
12 After subsection 820-85(2B)
Insert:
(2BA) For the purposes of item 2 of the table in subsection (2) of this section, assume that the other *Australian entity is a *financial entity for all of the income year.
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