Show download pdf controls
  • Underlying tax



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

    End of attention

    Underlying tax means the amount by which the section 23AI part of a non-portfolio dividend would have been greater if no foreign tax had been paid by the company paying the dividend on the profits out of which that dividend is paid.

    Last modified: 05 Dec 2006QC 18000