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  • Appendix 15: Exploration Credits

    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

    Where a partnership is issued with exploration credits in an income year they may pass the exploration credits to their members. To be entitled to benefit from exploration credits, the member must be an Australian resident for the whole of the income year.

    Special rules apply to a partner who receives exploration credits from a partnership. For more information, refer to what to do when you receive exploration credits.

    Last modified: 12 Feb 2019QC 55245