Income Tax Assessment Act 1936
SCHEDULE 2F - TRUST LOSSES AND OTHER DEDUCTIONS Division 268 - How to work out a trust ' s net income and tax loss for the income year
Subdivision 268-A - Overview of Division
SECTION 268-5 WHAT THIS DIVISION IS ABOUT
This Division requires a trust ' s net income and tax loss to be worked out in a special way. The income year is divided into periods as the basis for the calculation.