• C Rebates and offsets

    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

    Add the amounts at C1 and C2 and write the total at C. Foreign income tax offsets, and rebates and tax offsets shown at C cannot exceed the gross tax amount shown at B. Do not show at C an amount greater than at B. See example 9a.

    Any unused rebates and tax offsets shown at C will not be recorded by us to be applied in future years. Where it is possible to carry forward a credit, the fund is required to keep its own records if it is carrying the credits forward to a later date.

    Last modified: 25 Nov 2009QC 21714