INCOME TAX ASSESSMENT ACT 1936 - SECT 332 Companies that are residents of listed countries
INCOME TAX ASSESSMENT ACT 1936 - SECT 332
Companies that are residents of listed countries(1) For the purposes of this Part, a company is a resident of a listed country at a particular time if, and only if, the company is, in accordance with subsection (2), a resident of a particular listed country at that time.
(2) For the purposes of this Part, a company is a resident of a particular listed country at a particular time if, and only if, both of the following conditions are satisfied at that time:
(a) the company is not a Part X Australian resident;
(b) the company is treated as a resident of the listed country
for the purposes of the tax law of the listed country.