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

Last updated 4 December 2006

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.

Summary of part 3

Section 1

General assumptions for working out the attributable income of a CFC

  • modifications for non-broad-exemption listed company
  • modifications for broad-exemption listed company

Section 2

General modifications

Other modifications

Section 3

Capital gains

Section 4

Deductions and losses

Section 5


Section 6


Section 7

Interim dividends

Section 8

Relief from double accruals taxation

Section 9

How much is included in assessable income?