INCOME TAX ASSESSMENT ACT 1997 - SECT 208.165 Amount of the exempting credit or franking credit arising because of a distribution franked with an exempting credit
INCOME TAX ASSESSMENT ACT 1997 - SECT 208.165
Amount of the exempting credit or franking credit arising because of a distribution franked with an exempting credit(1) Use the following formula to work out:
(a) the amount of an * exempting credit arising under item 2 of the table in section 208 - 115 because a * former exempting entity receives a * distribution * franked with an exempting credit; or
(b) the amount of a * franking credit arising under item 2 of the table in section 208 - 130 because an * exempting entity receives a distribution franked with an exempting credit;
(2) Use the following formula to work out the amount of a * franking credit arising under item 5 of the table in section 208 - 130 because an * exempting entity receives a * distribution * franked with an exempting credit:
