INCOME TAX ASSESSMENT ACT 1997 - SECT 166.50 Companies can choose that this Subdivision is not to apply to them

INCOME TAX ASSESSMENT ACT 1997 - SECT 166.50

  (1)   The company can choose that Subdivision   165 - C is to apply to it for the income year without the modifications made by this Subdivision.

  (2)   The company must choose on or before the day it lodges its * income tax return for the income year, or before a later day if the Commissioner allows.

Table of sections

166 - 80   How Subdivision   165 - CC or 165 - CD applies to a widely held or eligible Division   166 company

166 - 90   Companies can choose that this Subdivision is not to apply to them