Tax Laws Amendment (2005 Measures No. 2) Act 2005 (78 of 2005)
Schedule 1 Simplified imputation system
Income Tax Assessment Act 1997
1 Subsection 205-70(2) (steps 1 and 2 of the method statement)
After "Then", insert ", subject to subsection (5) (which relates to a*private company's first year of tax liability),".
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