INCOME TAX ASSESSMENT ACT 1936 - SECT 94N Private company does not include corporate limited partnership
INCOME TAX ASSESSMENT ACT 1936 - SECT 94N
Private company does not include corporate limited partnershipA reference in the income tax law to a private company in relation to the year of income does not include a reference to the partnership.
Note: Division 7A (Distributions to entities connected with a
private company) applies to certain corporate limited partnerships in the same
way as it applies to private companies: see section 109BB.