Income Tax Assessment Act 1997

CHAPTER 3 - SPECIALIST LIABILITY RULES  

PART 3-10 - FINANCIAL TRANSACTIONS  

Division 240 - Arrangements treated as a sale and loan  

Subdivision 240-G - Adjustments if total amount assessed to notional seller differs from amount of interest  

SECTION 240-100   What this Subdivision is about  


This Subdivision provides for adjustments if the sum of the amounts included in the notional seller ' s assessable income are greater or less than the interest, worked out at the end of the arrangement, for the notional loan.


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