Part 3 - Working out attributable income and the amount to include in your assessable income

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This information may not apply to the current year. Check the content carefully to ensure it is applicable to your circumstances.

End of attention

This part explains how to work out the attributable income of a CFC. Your share of the attributable income is included in your assessable income.

Even if the CFC passes the active income test, you will still need to read on. Passing the test will eliminate many, but not all, types of attributed income and gains.