House of Representatives

Income Tax (Attribution Managed Investment Trusts - Offsets) Bill 2015

Income Tax (Attribution Managed Investment Trusts - Offsets) Act 2016

Income Tax Rates Amendment (Managed Investment Trusts) Bill 2015

Medicare Levy Amendment (Attribution Managed Investment Trusts) Bill 2015

Tax Laws Amendment (New Tax System for Managed Investment Trusts) Bill 2015

Explanatory Memorandum

(Circulated by the authority of the Minister for Small Business and Assistant Treasurer, the Hon Kelly O'Dwyer MP)

Index

Schedule 1: Attribution managed investment trusts

Bill reference Paragraph number
Item 1, section 276-1 2.52
Item 1, section 276-5 2.9
Item 1, section 276-10 2.10
Item 1, paragraph 276-10(1)(b) 2.17
Item 1, paragraph 276-10(1)(c) 2.15
Item 1, paragraph 276-10(1)(d) 2.25
Item 1, paragraph 276-10(1)(e) 2.26
Item 1, subsection 276-10(2) 2.27
Item 1, subsection 276-15(1) 2.21
Item 1, subsection 276-15(2) 2.22
Item 1, subsections 276-20(1) and (2) 2.29
Item 1, subsection 276-20(2) 2.34
Item 1, subsection 276-20(3) 2.36
Item 1, subsections 276-20(4) and (5) 2.33
Item 1, sections 276-50 and 276-55 2.53
Item 1, section 276-75 7.13
Item 1, subsections 276-80(1) and (2) 7.25
Item 1, subsection 276-80(3) 7.27
Item 1, subsections 276-80(4) and (5) 7.30
Item 1, subsection 276-80(6) 7.31
Item 1, subsections 276-85(1), (2) and (4) 7.36
Item 1, subsections 276-85(1), (2) and (5) 7.38
Item 1, subsection 276-85(3) 7.35
Item 1, subsection 276-85(6) 7.39
Item 1, subsection 276-85(7) 7.41
Item 1, section 276-90 7.45
Item 1, subsection 276-95(1) 5.68, 7.47
Item 1, subsection 276-95(2) 7.49
Item 1, subsection 276-95(3) 7.51
Item 1, subsections 276-100(1) and (2) 7.54
Bill reference Paragraph number
Item 1, subsections 276-100(1) and (3) 7.55
Item 1, subsection 276-105(1) 5.51
Item 1, paragraph 276-105(1)(a), subparagraph 276-105(1)(b)(i), paragraphs 276-105(2)(a) and (b), and subsection 276-105(3) 5.52
Item 1, paragraph 276-105(1)(a), subparagraph 276-105(1)(b)(ii), paragraph 276-105(2)(c) and subsection 276-105(4) 5.54
Item 1, paragraphs 276-105(2)(a) and (b) 5.53
Item 1, paragraph 276-105(2)(c) 5.55
Item 1, subsection 276-105(5) 5.55
Item 1, subsection 276-105(6) 5.57
Item 1, subsections 276-105(7) and (8) 5.59
Item 1, section 276-110 5.60
Item 1, subsection 276-115(1) 7.62
Item 1, subsections 276-115(2) and (3) 7.63
Item 1, section 276-200 3.45
Item 1, subsection 276-205(1) 3.58, 5.48, 7.14
Item 1, subsections 276-205(2) and (5) 7.18
Item 1, subsections 276-205(2) and (7) 7.21
Item 1, subsection 276-205(3) 7.16
Item 1, subsections 276-205(3) and (4) 7.23
Item 1, subsection 276-205(4) 7.17
Item 1, subsection 276-205(6) 7.19
Item 1, section 276-210 3.46
Item 1, subsections 276-210(3) and (4) 3.47
Item 1, subsection 276-210(5) 3.52
Item 1, subsection 276-210(6) 3.54
Item 1, subsection 276-210(7) 3.56
Item 1, section 276-250 3.14
Item 1, sections 276-250 and 276-255 3.41
Item 1, subsections 276-255(1) and (2) 3.39
Item 1, paragraphs 276-255(2)(c) and (d) 3.40
Item 1, subsection 276-255(3) 3.42
Item 1, subsection 276-260(1) 3.22
Item 1, section 276-260(2) 3.23, 3.24
Item 1, subsection 276-260(3) 3.25
Bill reference Paragraph number
Item 1, subsection 276-265(1) 3.27
Item 1, subsection 276-265(2) 3.29, 3.30
Item 1, subsection 276-265(3) 3.31
Item 1, section 276-270 3.32
Item 1, subsections 276-270(1) and (2) 3.33
Item 1, subsection 276-270(3) 3.34
Item 1, section 276-300 4.11
Item 1, section 276-305 4.22
Item 1, subsections 276-305(1) and (3) 4.47
Item 1, subsection 276-310(1) 4.28
Item 1, subsection 276-310(2) 4.26, 4.27
Item 1, subsection 276-315(1) 4.32
Item 1, subsection 276-315(2) 4.31
Item 1, subsections 276-315(2) and (3) 4.29
Item 1, subsections 276-315(4) and (5) 4.30
Item 1, section 276-320 4.33
Item 1, section 276-325 4.34
Item 1, subsection 276-325(2) 4.35
Item 1, subsection 276-325(3) 4.40
Item 1, subsection 276-325(4) 4.42
Item 1, subsections 276-330(2) and (4) 4.37
Item 1, subsection 276-330(3) 4.38
Item 1, subsection 276-330(5) 4.41
Item 1, subsection 276-335(1) 4.43
Item 1, subsection 276-335(2) 4.43
Item 1, section 276-340 4.48
Item 1, subsections 276-345(1) and (3) 4.14
Item 1, subsection 276-345(2) 4.15
Item 1, subsection 276-345(4) 4.16
Item 1, subsection 276-345(5) 4.17
Item 1, section 276-350 4.19
Item 1, section 276-400 5.12
Item 1, subsection 276-405(1) 5.14
Item 1, subsection 276-405(2) 5.15, 5.19
Item 1, section 276-410 5.18
Item 1, subsection 276-415(1) 5.23
Bill reference Paragraph number
Item 1, subsection 276-415(2) 5.24, 5.25
Item 1, subsections 276-415(3) and (4) 5.29
Item 1, subsections 276-420(1) and (2) 5.30
Item 1, subsection 276-420(2) 5.33
Item 1, subsection 276-420(3) 5.35
Item 1, subsections 276-420(4) and (5) 5.32
Item 1, subsections 276-425(1) and (2) 5.39
Item 1, subsections 276-425(4) and (5) 5.40
Item 1, subsection 276-425(2) 5.41
Item 1, subsection 276-425(3) 5.44
Item 1, section 276-430 5.45
Item 1, section 276-450 and subsection 276-455(1) 3.60
Item 1, subsection 276-455(2) 3.64
Item 1, subsection 276-455(3) 3.65
Item 1, subsection 276-455(4) 3.69
Item 1, section 276-460 3.63
Item 1, subsection 276-460(3) 3.70
Item 1, section 276-500 2.39
Item 1, section 276-505 2.41
Item 1, section 276-510 3.48
Item 1, subsection 276-510(1) 2.42
Item 1, subsection 276-510(3) 2.45
Item 1, section 276-515 2.46
Item 1, section 276-805 4.68
Item 1, section 276-810 4.69
Item 1, subsection 276-810(2) and section 276-815 4.71
Item 1, subsection 276-810(2) and section 276-820 4.73
Item 1, subsections 276-815(3) and (4) 4.72
Item 1, paragraph 276-820(6)(a) 4.77
Item 1, paragraph 276-820(6)(b) and subsection 276-820(7) 4.73
Items 2 and 3, subsection 286-75(2AB) and paragraph 286-80(2)(a) of Schedule 1 to the TAA 1953 3.66
Item 4, section 288-115 of Schedule 1 to the TAA 1953 4.13
Item 4, subsection 288-115(1) of Schedule 1 to the TAA 1953 4.54
Bill reference Paragraph number
Item 4, subsection 288-115(2) of Schedule 1 to the TAA 1953 4.56
Item 4, subsections 288-115(3), (4) and (5) of Schedule 1 to the TAA 1953 4.57, 4.58
Item 4, subsection 288-115(7) of Schedule 1 to the TAA 1953 4.59
Item 4, subsection 288-115(8) of Schedule 1 to the TAA 1953 4.60

Schedule 2: Annual cost base adjustment for member's unit or interest in AMIT

Bill reference Paragraph number
Items 1, 2 and 4, section 104-5, subsection 104-70(1A) and section 977-5 7.76
Item 3, section 104-107A 7.72
Item 3, subsection 104-107A(4) 7.73
Item 3, sections 104-107B and 104-107C 7.67
Item 3, subsection 104-107B(1) and (3) 7.74
Item 3, subsection 104-107B(2) 7.71
Item 3, subsection 104-107B(4) 7.75
Item 3, subsection 104-107D(1) 7.68
Item 3, subsection 104-107D(2) 7.69
Item 3, section 104-107E 7.70
Item 3, subsection 104-107F(1) 7.78
Item 3, subsections 104-107F(2) and (3) 7.79
Item 3, subsection 104-107G(1) 7.82
Item 3, subsections 104-107G(2) and (3) 7.84
Item 3, subsection 104-107G(5) 7.83
Item 3, subsection 104-107G(4) 7.88
Item 3, subsection 104-107G(6) 7.89
Item 3, subsections 104-107G(7) and 104-107H(4) 7.91
Item 3, subsections 104-107H(1) and (2) 7.85
Item 3, subsection 104-107H(2) 7.86
Item 3, subsection 104-107H(3) 7.87

Schedule 3: Withholding MITs and fund payments

Bill reference Paragraph number
Item 1, subsection 276-95(2) 7.49
Items 1 and 11, subsection 128AF(1) of the ITAA 1936, section 12A-5 of Schedule 1 to the TAA 1953 6.45
Item 2, subsection 840-805(4D) 5.64
Item 2, subsection 840 805(4E) 5.66
Items 3 and 4, subsection 840-815(2) 5.67, 7.50
Item 5, section 12-383 of Schedule 1 to the TAA 1953 6.16
Item 5, section 12-383 of Schedule 1 to the TAA 1953 8.10
Items 9 and 10, subsection 12-405(1A) of Schedule 1 to the TAA 1953 6.104
Item 11, section 12A-1 of Schedule 1 to the TAA 1953 6.23
Item 11, subsection 12A-10(1) of Schedule 1 to the TAA 1953 6.47
Item 11, subsections 12A-10(2) and (3) of Schedule 1 to the TAA 1953 6.77
Item 11, subsection 12A-15(1) of Schedule 1 to the TAA 1953 6.81
Item 11, subsections 12A-15(2) and (3) of Schedule 1 to the TAA 1953 6.82
Item 11, subsection 12A-15(4) of Schedule 1 to the TAA 1953 6.84
Item 11, subsections 12A-15(5) and (6) of Schedule 1 to the TAA 1953 6.85
Item 11, section 12A-25 of Schedule 1 to the TAA 1953 6.49
Item 11, subsections 12A-30(1), (2) and (3) of Schedule 1 to the TAA 1953 6.50
Item 11, subsection 12A-30(4) of Schedule 1 to the TAA 1953 6.51
Item 11, step 1 of the method statement in subsection 12A-30(4) of Schedule 1 to the TAA 1953 6.52
Item 11, step 2 of the method statement in subsection 12A-30(4) of Schedule 1 to the TAA 1953 6.53
Item 11, subsection 12A-30(5) of Schedule 1 to the TAA 1953 6.54
Item 11, subsection 12A-30(6) of Schedule 1 to the TAA 1953 6.55
Item 11, subsections 12A-30(7) of Schedule 1 to the TAA 1953 6.57
Item 11, subsections 12A-35(1), (2) and (3) of Schedule 1 to the TAA 1953 6.58
Item 11, subsection 12A-35(4) of Schedule 1 to the TAA 1953 6.59
Bill reference Paragraph number
Item 11, subsections 12A-40(1), (2) and (3) of Schedule 1 to the TAA 1953 6.67
Item 11, subsection 12A-40(4) of Schedule 1 to the TAA 1953 6.68
Item 11, section 12A-100 of Schedule 1 to the TAA 1953 6.87
Item 11, subsection 12A-105(1) of Schedule 1 to the TAA 1953 6.96
Item 11, subsection 12A-105(2) of Schedule 1 to the TAA 1953 6.98
Item 11, subsection 12A-105(3) of Schedule 1 to the TAA 1953 6.100
Item 11, subsection 12A-105(4) of Schedule 1 to the TAA 1953 6.102
Item 11, section 12A-110 of Schedule 1 to the TAA 1953 6.105
Item 11, subsections 12A-110(2) and (3) of Schedule 1 to the TAA 1953 6.106
Item 11, paragraph 12A-110(3)(a) and subsection 12A-110(4) of Schedule 1 to the TAA 1953 6.107
Item 11, paragraph 12A-110(3)(b) of Schedule 1 to the TAA 1953 6.108
Item 11, subsection 12A-110(5) of Schedule 1 to the TAA 1953 6.109
Item 11, step 1 of the method statement in subsection 12A-110(5) of Schedule 1 to the TAA 1953 6.110
Item 11, step 2 of the method statement in subsection 12A-110(5) of Schedule 1 to the TAA 1953 6.111
Item 11, step 3 of the method statement in subsection 12A-110(5) of Schedule 1 to the TAA 1953 6.112
Item 11, subsections 12A-110(6) and (7) of Schedule 1 to the TAA 1953 6.113
Item 11, subsection 12A-110(8) of Schedule 1 to the TAA 1953 6.115
Item 11, subsection 12A-110(9) of Schedule 1 to the TAA 1953 6.116
Item 11, subsection 12A-110(10) of Schedule 1 to the TAA 1953 6.117
Item 11, subsection 12A-110(11) of Schedule 1 to the TAA 1953 6.118
Item 11, subsection 12A-215(1) of Schedule 1 to the TAA 1953 6.119, 6.122
Item 11, section 12A-200 of Schedule 1 to the TAA 1953 6.26
Item 11, subsection 12A-205(1) and paragraph 12-205(2)(a) of Schedule 1 to the TAA 1953 6.27
Item 11, subparagraphs 12A-205(2)(b)(i) to (iv) of Schedule 1 to the TAA 1953 6.28
Item 11, subparagraph 12A-205(2)(b)(v) of Schedule 1 to the TAA 1953 6.29
Item 11, subsection 12A-205(3) of Schedule 1 to the TAA 1953 6.31
Item 11, subsection 12A-205(4) and paragraph 12-205(5)(a) of Schedule 1 to the TAA 1953 6.34
Bill reference Paragraph number
Item 11, paragraphs 12-205(5)(b) and (c) of Schedule 1 to the TAA 1953 6.35
Item 11, subsection 12A-205(6) of Schedule 1 to the TAA 1953 6.36
Item 11, subsection 12A-205(7) of Schedule 1 to the TAA 1953 6.37
Item 11, subsections 12A-215(2) and (3) of Schedule 1 to the TAA 1953 6.120, 6.123
Item 11, subsections 12A-215(4) and (5) of Schedule 1 to the TAA 1953 6.126
Item 11, subsection 12A-220(1) of Schedule 1 to the TAA 1953 6.128, 6.131
Item 11, subsections 12A-220(2) and (3) of Schedule 1 to the TAA 1953 6.129, 6.132
Item 11, subsections 12A-220(4) and (5) of Schedule 1 to the TAA 1953 6.135
Item 12, subsection 12A-210(2) of Schedule 1 to the TAA 1953 6.44
Item 12, subsection 12A-210(2) of Schedule 1 to the TAA 1953 6.42
Items 12, 14 to 19, sections 16-1, 16-20, 16-25, 16-30 and 16-140 of Schedule 1 to the TAA 1953 6.142
Item 13, section 16-7 of Schedule 1 to the TAA 1953 6.121
Item 13, section 16-7 of Schedule 1 to the TAA 1953 6.124, 6.130, 6.133
Items 20 to 23, subsections 18-30(1), 18-32(1), 18-65(1A) and 18-70(1A) of Schedule 1 to the TAA 1953 6.143

Schedule 4: Managed investment trusts

Bill reference Paragraph number
Items 1 to 4, sections 275-10, 275-45, 275-50, 275-55 and 275-200 8.12
Item 3, sections 275-10 to 275-40 8.11
Item 3, paragraph 275-10(2)(b) and section 275-55 2.13
Item 3, subparagraphs 275-10(3)(e)(i) and (ii) and subsection 275-25(1) 8.17
Item 3, subsection 275-10(6) 8.16
Item 3, paragraphs 275-20(4)(b), (j) and (k) 8.18
Item 3, section 275-45 2.14, 8.21
Item 3, section 275-50 8.23
Item 5, subsection 276-90(7) 7.46
Bill reference Paragraph number
Item 5, section 275-605 10.9
Item 5, subsection 275-605(1) 9.39
Item 5, subsection 275-605(2) 9.46
Item 5, subsections 275-605(2) and (5) 9.45
Item 5, subsection 275-605(3) 9.48
Item 5, subsection 275-605(4) 9.49
Item 5, paragraphs 275-610(1)(a) and (b) 9.26
Item 5, subparagraph 275-610(1)(c)(i) 9.28
Item 5, subparagraph 275-610(1)(c)(ii) 9.29
Item 5, subparagraph 275-610(1)(c)(iii) and subsection 275-610(2) 9.30
Item 5, subsections 275-610(3) and (4) 9.34
Item 5, subsection 275-610(5) 9.36
Item 5, subsections 275-610(6) 9.37
Item 5, subsection 275-615(1) 9.40
Item 5, subsection 275-615(2) 9.41
Item 5, subsection 275-615(3) 9.42
Item 5, subsection 275-615(4) 9.43
Item 5, subsection 275-615(5) 9.44
Item 7, subsection 284-145(2C) of Schedule 1 to the TAA 1953 9.52
Item 8, subsection 284-150(6) of Schedule 1 to the TAA 1953 9.54
Item 8, subsection 284-150(7) of Schedule 1 to the TAA 1953 9.55
Item 9, subsection 284-160(1) of Schedule 1 to the TAA 1953 9.53

Schedule 5: 20 per cent tracing rule and repeal of Division 6B

Bill reference Paragraph number
Item 1, section 102MD of the ITAA 1936 9.11, 9.12
Item 2, section 295-173; Schedule 6, item 12, subsection 102P(10A) of the ITAA 1936 9.14
Item 3 9.15
Items 4 to 74 9.16
Subitem 75(1) 9.19
Subitem 75(2) 9.20
Subitem 75(3) 9.21
Subitem 75(4) 9.22
Subitem 75(5) 9.23

Schedule 6: Consequential amendments

Bill reference Paragraph number
Items 1 and 3, definitions of 'AMIT' and 'attribution managed investment trust' in subsection 6(1) of the ITAA 1936 2.9
Item 2, definition of 'assessment' in section 6(1) of the ITAA 1936 5.69
Item 4, section 95AAD of the ITAA 1936 2.56
Items 5 to 7, 21 and 22, paragraph 98B(2)(c) and subsection 98B(3) of the ITAA 1936, sections 13-1 and 67-23 of the ITAA 1997 5.60
Items 8, 9, 13, 18, 19, 25 to 65, and 69, subsections 100AA(7), 100AB(8), 102T(16), 255(2A) and 255(2B) of the ITAA 1936, sections 840-800, 840-805, 842-230 and 840-235 of the ITAA 1997, sections 10-5, 12-5, 12-375, 12-385, 12-390, 12-395, 12-425, 15-15, 16-153, 16-157, 16-170, 16-195, 18-10 and 45-286 of Schedule 1 to the TAA 1953, paragraph 7(2)(a) of Schedule 5 to Tax Laws Amendment (2010 Measures No. 3) Act 2010 8.12
Items 10, 11 and 14, subsection 102AAF(2) and 102NA(2) and the definition of 'public unit trust' in subsection 128FA(8) of the ITAA 1936 9.16
Item 12, subsection 102P(10A) of the ITAA 1936 9.14
Item 15, subsection 170(10AB) of the ITAA 1936 7.57
Item 16, section 202EE of the ITAA 1936 6.145
Item 17, paragraph 251S(1)(d) of the ITAA 1936; Income Tax Rates Amendment (Managed Investment Trusts) Bill 2015, Schedule 1, items 11 and 13, subsections 12(11) and 35(1) of the Income Tax Rates Act 1986; Medicare Levy Amendment (Attribution Managed Investment Trusts) Bill 2015, Schedule 1, item 2, subsection 6(4) of the Medicare Levy Act 1986 5.16
Item 17, paragraph 251S(1)(e) of the ITAA 1936; Income Tax Rates Amendment (Managed Investment Trusts) Bill 2015, Schedule 1, items 11 and 13, subsections 12(12) and 35(1) of the Income Tax Rates Act 1986; Medicare Levy Amendment (Attribution Managed Investment Trusts) Bill 2015, Schedule 1, item 2, subsection 6(5) of the Medicare Levy Act 1986 5.26
Bill reference Paragraph number
Item 17, paragraph 251S(1)(f) of the ITAA 1936; Income Tax Rates Amendment (Managed Investment Trusts) Bill 2015, Schedule 1, items 11 and 13, subsections 12(13) and 35(1) of the Income Tax Rates Act 1986; Medicare Levy Amendment (Attribution Managed Investment Trusts) Bill 2015, Schedule 1, item 2, subsection 6(6) of the Medicare Levy Act 1986 5.34
Item 20, subsection 272-105(1) of Schedule 2F to the ITAA 1936 2.54
Item 23, section 112-46 7.76
Item 24, paragraph 768(5)(b) 7.60
Item 42, subsection 12-385(1) of Schedule 1 to the TAA 1953 6.90
Item 47, subsection 12-390(9) of Schedule 1 to the TAA 1953 6.21, 6.76
Items 66 and 67, section 298-30 of Schedule 1 to the TAA 1953 4.64
Item 68, subsection 393-10(5A) of Schedule 1 to the TAA 1953 4.66

Schedule 7: Widely-held requirements

Bill reference Paragraph number
Items 1 and 2, subsection 12-402(3) of Schedule 1 to the TAA 1953 10.5
Items 1 to 2, subsection 12-402(3) of Schedule 1 to the TAA 1953) 8.19

Schedule 8: Application and transitional provisions

Bill reference Paragraph number
Item 2, subsection 275-605T(1) of the Income Tax (Transitional Provisions) Act 1997 9.57, 10.10
Item 2, paragraph 275-605T(1)(c) and subsection 275-605T(2) of the Income Tax (Transitional Provisions) Act 1997 9.58, 10.11
Item 3, paragraph 276-25T(a) of the Income Tax (Transitional Provisions) Act 1997 10.13
Item 3, paragraph 276-25T(b) of the Income Tax (Transitional Provisions) Act 1997 10.14
Item 3, paragraph 276-25T(c) of the Income Tax (Transitional Provisions) Act 1997 10.15
Item 3, section 276-700T of the Income Tax (Transitional Provisions) Act 1997 10.12
Item 3, subsections 276-705T(1) and (2) of the Income Tax (Transitional Provisions) Act 1997 10.16
Bill reference Paragraph number
Item 3, subsection 276-705T(3) of the Income Tax (Transitional Provisions) Act 1997 10.17
Item 3, subsection 276-705T(4) of the Income Tax (Transitional Provisions) Act 1997 10.18, 10.19
Item 3, sections 276-750T and 276-755T of the Income Tax (Transitional Provisions) Act 1997 7.92
Item 3, subsection 276-750T(1) of the Income Tax (Transitional Provisions) Act 1997 10.21
Item 3, subsections 276-750T(2) and (3) of the Income Tax (Transitional Provisions) Act 1997 10.22
Item 3, subsection 276-750T(4) of the Income Tax (Transitional Provisions) Act 1997 10.23
Item 3, subsection 276-750T(5) of the Income Tax (Transitional Provisions) Act 1997 10.24
Item 3, section 276-755T of the Income Tax (Transitional Provisions) Act 1997 10.25
Items 4 and 5, subitems 51(5) and 51(7) of Schedule 2 to Tax Laws Amendment (2011 Measures No. 5) Act 2011 10.34
Subitems 1(1), (5) and (6) and item 3, section 276-5T of the Income Tax (Transitional Provisions) Act 1997 10.3
Subitem 1(1) and item 3, section 276-5T of the Income Tax (Transitional Provisions) Act 1997 10.2
Subitem 1(3) 10.4
Subitem 1(4) 10.5

Schedule 9: Definitions

Bill reference Paragraph number
Item 1, paragraph 276-105(1)(a), subparagraph 276-105(1)(b)(i), paragraphs 276-105(2)(a) and (b), and subsection 276-105(3) 5.52
Item 1, paragraph 276-105(1)(a), subparagraph 276-105(1)(b)(ii), paragraph 276-105(2)(c) and subsection 276-105(4) 5.54
Item 1, definition of 'AMIT DIR payment' in subsection 995-1(1) 6.49
Item 1, definition of 'AMIT interest payment' in subsection 995-1(1) 6.58
Item 1, definition of 'AMIT royalty payment' in subsection 995-1(1) 6.67
Item 1, definition of 'AMIT cost base net amount' in subsection 995-1(1) 7.67
Bill reference Paragraph number
Item 1, definition of 'AMIT cost base reduction amount' in subsection 995-1(1) 7.68
Item 1, definition of 'AMIT cost base increase amount' in subsection 995-1(1) 7.70
Items 1 and 4, definitions of 'AMIT' and 'attribution managed investment trust' in subsection 995-1(1) 2.9
Items 2 and 3, definitions of 'amount required to be withheld' and 'amount withheld' in subsection 995-1(1) 6.141
Item 4, definition of 'debt-like trust instrument' in subsection 995-1(1) 2.41
Item 4, definition of 'carry forward trust component deficit' in subsection 995-1(1) 4.41
Item 4, definition of 'determined member component' in subsection 995-1(1) 3.58, 5.48
Item 4, definition of 'FITO allocation amount' in subsection 995-1(1) 4.43
Item 4, definition of 'cross-character allocation amount' in subsection 995-1(1) 4.37
Item 4, definition of 'determined trust component' in subsection 995-1(1) 3.41
Item 7, definition of 'income tax law' in section 995-1(1) 5.75
Item 9, definition of 'member component' in subsection 995-1(1) 3.46
Item 11, definition of 'post-AMMA actual payment' in subsection 995-1(1) 6.42
Item 11, definition of 'non-arm's length income' in subsection 995-1(1) 9.26
Item 11, section 12A-110 of Schedule 1 to the TAA 1953 6.105
Item 12, definition of 'under' in subsection 995-1(1) 4.16
Item 12, definition of 'trust component' in subsection 995-1(1) 3.24
Item 12, definition of 'over' in subsection 995-1(1) 4.17
Item 12, definition of 'rounding adjustment deficit' in subsection 995-1(1) 4.26
Item 12, definition of 'rounding adjustment surplus' in subsection 995-1(1) 4.29
Item 12, definition of 'trust component deficit in subsection 995-1(1) 4.33
Item 12, definition of 'withholding MIT' in subsection 995-1(1) 6.16
Item 12, definition of 'pre-AMMA actual payment' in subsection 995-1(1) 6.44


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