Income Tax Assessment Act 1936
PART III
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LIABILITY TO TAXATION
Division 16J
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Effect of cancellation of subsidiary's shares in holding company
Where a holding company cancels shares in itself that are held by a subsidiary of that company, this Division applies to the cancellation of the shares.
SECTION 159GZZZE
159GZZZE
SHARE CANCELLATIONS TO WHICH THIS DIVISION APPLIES
Where a holding company cancels shares in itself that are held by a subsidiary of that company, this Division applies to the cancellation of the shares.
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