Income Tax Assessment Act 1936

PART III - LIABILITY TO TAXATION  

Division 6 - Trust income  

SECTION 99E  

99E   LATER TRUST NOT TAXED ON INCOME ALREADY TAXED UNDER SUBSECTION 98(4)  

Sections 98 , 99 and 99A do not apply to so much of the net income of a trust estate of a year of income as is reasonably attributable to a part of the net income of another trust estate in respect of which the trustee of the other trust estate is assessed and is liable to pay tax under subsection 98(4) .