INCOME TAX ASSESSMENT ACT 1936 (ARCHIVE)
View history note
Hide history noteWhere:
(a) a trustee is liable to be assessed under section 98 on a trust amount; and
(b) the trust amount would, but for section 128D , include withholding income;
the trust amount shall be reduced by so much of the amount that would be the potential rebate amount in relation to the trust amount if section 128D did not apply as does not exceed the trust amount.
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