Treasury Laws Amendment (Enterprise Tax Plan) Act 2017 (41 of 2017)

Schedule 4   Main consequential amendments relating to imputation

Part 1   Amendments commencing 1 July 2016

Income Tax Assessment Act 1997

13   Subsection 203-50(2) (formula)

Repeal the formula, substitute:

Formula for the amount of the over-franking tax; and the amount of the franking debit