Tax Laws Amendment (2004 Measures No. 6) Act 2005 (23 of 2005)

Schedule 3   Simplified Imputation System

Part 2   Miscellaneous consequential and technical amendments

Income Tax Assessment Act 1997

83   Paragraph 110-55(7)(c)

Repeal the paragraph, substitute:

(c) you are entitled to a *tax offset under Division 207 on the part of the distribution that is a *dividend (the dividend amount ); and