INCOME TAX ASSESSMENT ACT 1997 - SECT 220.110 Maximum franking credit under section 202 - 60
INCOME TAX ASSESSMENT ACT 1997 - SECT 220.110
Maximum franking credit under section 202 - 60 For the purposes of working out the * maximum franking credit
for a * frankable distribution made by an * NZ franking company in a * foreign
currency, translate the amount of the distribution into Australian currency at
the exchange rate applicable at the time of the decision to make the *
distribution.