INCOME TAX ASSESSMENT ACT 1997 - SECT 960.105 Certain entities treated as agents
INCOME TAX ASSESSMENT ACT 1997 - SECT 960.105
Certain entities treated as agents(1) This Act applies to an entity as if the entity were an agent of another entity (the principal ) if:
(a) the principal is outside Australia; and
(b) the entity is in Australia and, on behalf of the principal, holds money of the principal or has control, receipt or disposal of money of the principal.
(2) This Act, or a provision of this Act, applies to an entity as if the entity were an agent of another entity if the Commissioner determines in writing that the entity is the agent or sole agent of the other entity for the purposes of this Act or of that provision.
(3) A determination under subsection (2) is not a legislative instrument.
960 - 115 Meaning of corporate tax entity
960 - 120 Meaning of distribution