INCOME TAX ASSESSMENT ACT 1936 (ARCHIVE)

PART III - LIABILITY TO TAXATION  

Division 11A - Dividends, interest and royalties paid to non-residents and to certain other persons  

Subdivision A - General  

SECTION 128L   128L   TREATMENT OF TWO OR MORE ENTERPRISES AS ONE  
Where:


(a) 2 or more steps in the production and distribution of goods involve the operations of 2 or more enterprises, or the operations of 2 or more enterprises are otherwise related; and


(b) the Commissioner is satisfied that the beneficial interests of Australian entities and entities that are not Australian entities in relation to the entities carrying on those enterprises have been arranged in a particular way with a view to obtaining benefits under this Division that would not otherwise be obtainable,

the Commissioner may, for the purposes of this Division, treat those enterprises as if they were one enterprise.


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