S 272 repealed by No 15 of 2007, s 3 and Sch 1 item 8, applicable to the 2007-08 income year and later years. S 272 formerly read:
SECTION 272 ASSUMPTION TO BE MADE IN CALCULATING TAXABLE INCOME
The taxable income of an eligible entity shall be calculated as if the trustee were a taxpayer and:
if the eligible entity is a non-resident superannuation fund in relation to the year of income concerned
a non-resident; or
S 272 amended by No 181 of 1994, No 97 of 1989 and No 105 of 1989.