Taxation Determination
TD 96/37A - Addendum
Income tax: foreign income: is foreign tax payable by a controlled foreign entity (CFE) under an accruals tax law of a listed country within the meaning of section 456A if, under the tax law of the country, no tax is required to be paid?
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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. |
ADDENDUM
Taxation Determination TD 96/37 is amended, with effect for statutory accounting periods of controlled foreign companies commencing after 30 June 1997, as follows:
Omit 'listed' (wherever occurring); substitute 'broad-exemption listed'.
Commissioner of Taxation
17 December 1997