• Eligible designated concession income

    Attention

    Warning:

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

    End of attention

    Eligible designated concession income is designated concession income, in relation to a particular broad-exemption listed country, derived by an entity in an income year and that is not subject to tax in another broad-exemption listed country in a tax accounting period that ends before the end of, or commences during, the income year.

    The expression also includes designated concession income in relation to a particular broad-exemption listed country that is subject to tax in another broad-exemption listed country but is also designated concession income in relation to that other listed country.

    Last modified: 05 Dec 2006QC 17522