INCOME TAX ASSESSMENT ACT 1997 - SECT 770.140 When foreign income tax is considered not paid--anti - avoidance rule
INCOME TAX ASSESSMENT ACT 1997 - SECT 770.140
When foreign income tax is considered not paid--anti - avoidance ruleDespite anything else in this Division, this Act applies to you as if you had not paid an amount of * foreign income tax to the extent that you or any other entity become entitled to:
(a) a refund of the foreign income tax; or
(b) any other benefit worked out by reference to the amount of the foreign income tax (other than a reduction in the amount of the foreign income tax).
770 - 190 Amendment of assessments