Treasury Laws Amendment (2018 Measures No. 5) Act 2019 (15 of 2019)

Schedule 1   AMIT technical amendments

Tax Laws Amendment (New Tax System for Managed Investment Trusts) Act 2016

42   After subitem 75(5) of Schedule 5 (before the note)

Insert:

(6) Treat a beneficiary of the trust who receives the distribution as receiving, for the purposes of the income tax law, a dividend from a corporate tax entity.