Income Tax Assessment Act 1997
CHAPTER 3
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SPECIALIST LIABILITY RULES
PART 3-6
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THE IMPUTATION SYSTEM
Division 207
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Effect of receiving a franked distribution
Subdivision 207-C
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Residency requirements for the general rule
SECTION 207-60
What this Subdivision is about
View history note
Hide history noteSome recipients of a franked distribution must satisfy a residency requirement if their assessable income is to include the franking credit on the distribution, and they are to be entitled to a tax offset, under the general rule.
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