INCOME TAX ASSESSMENT ACT 1997
CHAPTER 3 - SPECIALIST LIABILITY RULES PART 3-6 - THE IMPUTATION SYSTEM
Division 207 - Effect of receiving a franked distribution
Subdivision 207-C - Residency requirements for the general rule
SECTION 207-60 What this Subdivision is about
Some 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.