Tax Laws Amendment (New Tax System for Managed Investment Trusts) Act 2016 (53 of 2016)
Schedule 3 Withholding MITs and fund payments
Taxation Administration Act 1953
21 Paragraph 18-32(1)(b) in Schedule 1
Repeal the paragraph, substitute:
(b) the entity has borne all or part of:
(i) an *amount withheld from the payment under Subdivision 12-H; or
(ii) an amount paid under Division 12A in respect of the fund payment.