Income Tax Assessment Act 1997

CHAPTER 3 - SPECIALIST LIABILITY RULES  

PART 3-5 - CORPORATE TAXPAYERS AND CORPORATE DISTRIBUTIONS  

Division 166 - Income tax consequences of changing ownership or control of a widely held or eligible Division 166 company  

Subdivision 166-E - Concessional tracing rules  

Application of this Subdivision

SECTION 166-220  

166-220   Application of this Subdivision  


This Subdivision applies to a company (the tested company ) that is:


(a) a *widely held company at all times during the income year; or


(b) an *eligible Division 166 company at all times during the income year; or


(c) a widely held company for a part of the income year and an eligible Division 166 company for the rest of the income year.

Note:

See section 165-255 for the rule about incomplete income years.


View surrounding sectionsView surrounding sectionsBack to top


This information is provided by CCH Australia Limited Link opens in new window. View the disclaimer and notice of copyright.