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INCOME TAX ASSESSMENT ACT 1997 - SECT 276.200 What this Subdivision is about

INCOME TAX ASSESSMENT ACT 1997 - SECT 276.200

What this Subdivision is about

A member's member component of a particular character is so much of an AMIT's determined trust component of that character (see Subdivision   276 - E) as is attributable to membership interests held by the member, worked out in accordance with certain requirements.

A member's determined member component of a particular character is the amount stated to be the member's member component of that character in an AMMA statement (see Subdivision   276 - H).

Table of sections

Member - level concepts

276 - 205   Meaning of determined member component

276 - 210   Meaning of member component