Tax Laws Amendment (New Tax System for Managed Investment Trusts) Act 2016 (53 of 2016)
Schedule 3 Withholding MITs and fund payments
Income Tax Assessment Act 1936
1 After subsection 128AF(1)
(1A) However, this section does not apply if one or more of the interposed entities is an AMIT for the year of income in which the payment is received.
Note: See Division 12A in Schedule 1 to the Taxation Administration Act 1953 for provisions about withholding tax that apply specifically to AMITs.