INCOME TAX ASSESSMENT ACT 1997 - SECT 207.140 What this Subdivision is about

INCOME TAX ASSESSMENT ACT 1997 - SECT 207.140

This Subdivision creates the appropriate adjustment to cancel the effect of the gross - up and tax offset rules where the entity concerned has manipulated the imputation system in a manner that is not permitted under the income tax law.

Table of sections

Operative provisions

207 - 145   Distribution that is made to an entity

207 - 150   Distribution that flows indirectly to an entity

207 - 155   When is a distribution made as part of a dividend stripping operation?

207 - 157   Distribution washing

207 - 158   Distributions entitled to a foreign income tax deduction

207 - 159   Distributions funded by capital raising

207 - 160   Distribution that is treated as an interest payment