Treasury Laws Amendment (Enterprise Tax Plan) Act 2017 (41 of 2017)
Schedule 4 Main consequential amendments relating to imputation
Part 1 Amendments commencing 1 July 2016
Income Tax Assessment Act 1997
26 Subsection 995-1(1) (definition of corporate tax gross-up rate)
Repeal the definition, substitute:
corporate tax gross-up rate , of an entity for an income year,means the amount worked out using the following formula:
