Tax Laws Amendment (2006 Measures No. 3) Act 2006 (80 of 2006)
Schedule 4 Simplified imputation system (share capital tainting rules)
Part 2 Consequential amendments relating to rewritten share capital tainting rules
Division 1 Amendments
Income Tax Assessment Act 1997
6 Subsection 721-10(2) (table item 5)
Repeal the item, substitute:
|
5 |
section 197-70 (untainting tax) |
the *franking period of the *head company in which the *untainting tax became due and payable |