Income Tax Assessment Act 1997
CHAPTER 3
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SPECIALIST LIABILITY RULES
PART 3-90
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CONSOLIDATED GROUPS
Division 715
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Interactions between this Part and other areas of the income tax law
Subdivision 715-U
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Effect on conduit foreign income
SECTION 715-880
715-880
No CFI for leaving entity
Despite section 701-40 (the exit history rule), an entity that ceases to be a * subsidiary member of a * consolidated group at a time has no * conduit foreign income at that time.
View history note
Hide history noteDespite section 701-40 (the exit history rule), an entity that ceases to be a * subsidiary member of a * consolidated group at a time has no * conduit foreign income at that time.
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