Tax Laws Amendment (Foreign Source Income Deferral) Act (No. 1) 2010 (114 of 2010)

Schedule 1   Repeal of the FIF and deemed present entitlement rules

Part 1   Main amendments

Income Tax Assessment Act 1997

82   Subsection 995-1(1) (definition of attribution percentage)

Repeal the definition, substitute:

attribution percentage , in relation to a *CFC or a *CFT, has the meaning given by Part X of the Income Tax Assessment Act 1936.