Income Tax Assessment Act 1997
An AMIT ' s trust component of a particular character is worked out on the basis of the AMIT ' s assessable income, exempt income, non-assessable non-exempt income and tax offsets (on the assumption that the AMIT were an Australian resident liable to pay tax).
An AMIT ' s determined trust component of a particular character is the amount stated to be its trust component of that character in a document that meets certain requirements.
|276-255||Meaning of determined trust component|
|276-260||Meaning of trust component|
|276-265||Rules for working out trust components - general rules|
|276-270||Rules for working out trust components - allocation of deductions|