INCOME TAX ASSESSMENT ACT 1997 - SECT 210.55 What this Subdivision is about
INCOME TAX ASSESSMENT ACT 1997 - SECT 210.55
What this Subdivision is aboutThe amount of the venture capital credit on a distribution is that stated in the distribution statement, unless the amount exceeds the franking credit on the distribution.
In that case, the amount of the venture capital credit on the distribution is taken to be the same as the franking credit.
210 - 60 Amount of the venture capital credit on a distribution