INCOME TAX ASSESSMENT ACT 1997
CHAPTER 3
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SPECIALIST LIABILITY RULES
PART 3-6
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THE IMPUTATION SYSTEM
Each *PDF has a venture capital sub-account within its *franking account.
Division 210
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Venture capital franking
Subdivision 210-G
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Venture capital sub-account
Operative provisions
SECTION 210-100
210-100
Venture capital sub-account
Each *PDF has a venture capital sub-account within its *franking account.
Note:
The balance in the venture capital sub-account on 1 July 2002 will be either nil or, if the entity has a venture capital surplus or deficit immediately before 1 July 2002 under the imputation scheme existing at that time, an amount calculated under the Income Tax (Transitional Provisions) Act 1997 .
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