INCOME TAX ASSESSMENT ACT 1936 (ARCHIVE)

PART IIIAA - FRANKING OF DIVIDENDS  

Division 7A - Application of Part in relation to trusts that are treated as companies  

Subdivision C - Franking of corporate trust dividends  

SECTION 160ARDH  

160ARDH   RESIDENCE REQUIREMENT FOR FRANKING DEFICIT TAX TO OFFSET TAX PAYABLE BY TRUSTEE  
In applying section 160AQK to franking deficit tax payable by the trustee of a corporate trust estate, a reference in that section to an eligible year of income in which a company was sufficiently resident shall be read as a reference to an eligible year of income in relation to which the corporate trust estate was a current corporate trust.