INCOME TAX ASSESSMENT ACT 1997 - SECT 208.65 What this Subdivision is about
INCOME TAX ASSESSMENT ACT 1997 - SECT 208.65
What this Subdivision is aboutThe amount of the exempting credit on a distribution is that stated in the distribution statement, unless the amount stated exceeds the maximum franking credit for the distribution. In that case, it is nil.
208 - 70 Amount of the exempting credit on a distribution