Legislation

ITAA 1936 s 115-220(1)(b), section 115-220 only applies if, on the assumption that there is a share of the income of the trust to which a beneficiary of the trust is presently entitled, the trustee would be liable to be assessed (and pay tax) under section 98

ATO documents that consider ITAA 1936 s 115-220(1)(b), section 115-220 only applies if, on the assumption that there is a share of the income of the trust to which a beneficiary of the trust is presently entitled, the trustee would be liable to be assessed (and pay tax) under section 98