Legislation

ITAA 1936 s 6E of Part III), the amount of a present entitlement of a beneficiary to income of the trust estate is instead to be calculated after making the assumption set out in subsection 102UX(4)

ATO documents that consider ITAA 1936 s 6E of Part III), the amount of a present entitlement of a beneficiary to income of the trust estate is instead to be calculated after making the assumption set out in subsection 102UX(4)

1 document

TD 2012/D5 (Finalised)replacedTD · 2012

Income tax: for the purposes of paragraph 97(1)(a) of the Income Tax Assessment Act 1936 (ITAA 1936) is a beneficiary's share of net income worked out by reference to the proportion of the income of the trust estate to which the beneficiary is presently entitled?