Tax Laws Amendment (2010 Measures No. 2) Act 2010 (75 of 2010)

Schedule 1   Distributions to entities connected with a private company

Income Tax Assessment Act 1997

34   Section 11-55 (table item headed "dividends")

Omit:

later dividend set off against amount taken to be dividend

109ZC(3)

Substitute:

later dividend set off against amount taken to be dividend

109ZC(3), 109ZCA(4)


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