TD 92/109A - Addendum
Income tax: foreign income: does a controlled foreign company (CFC) which conducts its business on a cyclical basis satisfy the active income test?
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FOI status:may be released
|This Addendum forms part of the Determination and, to the extent that it is capable of being a 'public ruling' in terms of Part IVAAA of the Taxation Administration Act 1953, it is a public ruling for the purposes of that Part. Taxation Rulings TR 92/1 and TR 97/16 together explain when a Determination is a public ruling and how it is binding on the Commissioner.|
- Omit 'listed'; substitute 'broad-exemption listed'.
- Omit 'unlisted'; substitute 'non-broad-exemption listed'.
Commissioner of Taxation
17 December 1997