Income Tax Assessment Act 1936

PART X - ATTRIBUTION OF INCOME IN RESPECT OF CONTROLLED FOREIGN COMPANIES  

Division 8 - Active income test  

Subdivision B - Tainted income ratio  

SECTION 435  

435   GROSS TAINTED TURNOVER  

For the purposes of this Part, the gross tainted turnover of a company of a statutory accounting period is so much of the gross turnover of the company of the statutory accounting period as consists of:

(a) passive income of the company of the statutory accounting period; or

(b) tainted sales income of the company of the statutory accounting period; or

(c) tainted services income of the company of the statutory accounting period.