INCOME TAX ASSESSMENT ACT 1936 (ARCHIVE)

PART VI - COLLECTION AND RECOVERY OF TAX  

Division 1B - Collection of tax on companies and trustees of certain funds  

SECTION 221AZA   221AZA   REFUND TO REDUCE INITIAL PAYMENT OF TAX  
An amount refunded to a relevant entity under subsection 221AQ(3) , 221AR(6) , 221AU(4) , 221AV(4) , 221AW(5) or 221AX(14) is to be taken for the purposes of this Act (other than Part IIIAA ) to reduce the amount of the initial payment of tax made in respect of the entity's taxable income of the year of income concerned.