Legislation

ITAA 1936 s 136(1) of the FBTAA will preclude a loan from being a loan fringe benefit where the loan is taken to be a dividend, but the amount is reduced to nil in accordance with section 109Y

ATO documents that consider ITAA 1936 s 136(1) of the FBTAA will preclude a loan from being a loan fringe benefit where the loan is taken to be a dividend, but the amount is reduced to nil in accordance with section 109Y

2 documents

ATO ID 2011/33currentATO ID · 2011

Deemed dividend: No FBT on a Division 7A shareholder loan where distributable surplus is nil

ATO ID 2003/492 (Withdrawn)withdrawnATO ID · 2003

Deemed dividend: no FBT on a Division 7A shareholder loan where distributable surplus is nil