INCOME TAX ASSESSMENT ACT 1997 - SECT 208.170 Where a determination under paragraph 177EA(5)(b) of the Income Tax Assessment Act 1936 affects part of the distribution
INCOME TAX ASSESSMENT ACT 1997 - SECT 208.170
Where a determination under paragraph 177EA(5)(b) of the Income Tax Assessment Act 1936 affects part of the distribution(1) Use the following formula to work out:
(a) the amount of an * exempting credit arising under item 3 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 3 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 6 of the table in section 208 - 130 because an * exempting entity receives * a distribution * franked with an exempting credit: