Income Tax Assessment Act 1997
(a) you are entitled to a *tax offset under Subdivision 770-A for an income year for *foreign income tax; and
(b) the foreign income tax is payable on income you earned as an employee in relation to *transitioned petroleum activities undertaken, or to be undertaken, in relation to the *JPDA;
the amount of the offset is to be worked out in accordance with the Taxation Code in Annex G under Article 13(b) of the Treaty (within the meaning of that Act), as if that Taxation Code applied in relation to the income.417-125(2)
Subdivision 770-B does not apply in relation to the amount of the offset.
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