Income Tax Assessment Act 1997

CHAPTER 3 - SPECIALIST LIABILITY RULES  

PART 3-45 - RULES FOR PARTICULAR INDUSTRIES AND OCCUPATIONS  

Division 419 - Critical minerals (tax offset for Australian production expenditure)  

Subdivision 419-D - Integrity rules  

SECTION 419-105  

419-105   Disregarding registration of an activity that a company is paid to carry on  

If:

(a)    a company is or will be paid by another entity for carrying on an activity during an income year that is a * registered CMPTI processing activity for the company and the income year; and

(b)    the activity is or could be a registered CMPTI processing activity for any of the following for the income year:

(i) the other entity;

(ii) a * constitutional corporation * connected with the other entity;

(iii) a constitutional corporation that is an * affiliate of the other entity;

(iv) a constitutional corporation of which the other entity is an affiliate;

for the purposes of section 419-5 (about entitlement to the * CMPTI tax offset), disregard that registration of the activity for the company and the income year.