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  • Work out attributable income separately


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

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    You must work out your attributable income for a CFC separately to other attributable taxpayers. Different taxpayers may work out different amounts of attributable income for a CFC - that is, the amount included in assessable income may be different for each attributable taxpayer even if they have the same attribution percentage in the CFC.

    There are differences in working out attributable income depending on whether a CFC is a resident of a listed country or unlisted country.

    Last modified: 05 Dec 2006QC 18000