New International Tax Arrangements (Participation Exemption and Other Measures) Act 2004 (96 of 2004)

Schedule 2   Foreign branch income, non-portfolio dividends and listed countries

Part 3   Non-portfolio dividend exemption: consequential amendments

Income Tax Assessment Act 1936

45   Paragraphs 316(1)(b) and (c)

Repeal the paragraphs, substitute:

(b) certain changes of residence by a CFC (section 457).