Income Tax Assessment Act 1936
SCHEDULE 2F - TRUST LOSSES AND OTHER DEDUCTIONS Division 266 - Income tax consequences for fixed trusts of abnormal trading or change in ownership
Subdivision 266-F - Information about family trusts with interests in other trusts
SECTION 266-175 WHAT THIS SUBDIVISION IS ABOUT
If a trust would only avoid the tax consequences of this Division because of interests held by a non-resident family trust, the Commissioner may require the trust to give certain information about the non-resident family trust. If it is not given, the trust does not avoid the tax consequences of this Division.
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