Income Tax (Transitional Provisions) Act 1997

CHAPTER 3 - SPECIALIST LIABILITY RULES  

PART 3-6 - THE IMPUTATION SYSTEM  

Division 210 - Venture capital franking  

SECTION 210-5  

210-5   Washing estimated venture capital debits out of the old sub-account before conversion  


If, under former Part IIIAA of the Income Tax Assessment Act 1936 , the termination time in relation to an estimated venture capital debit of a PDF would, but for this section, occur after the end of 30 June 2002, it is taken to have occurred at the end of 30 June 2002.



This information is provided by CCH Australia Limited Link opens in new window. View the disclaimer and notice of copyright.