Legislation

ITAA 1997 s 177EA(5)(b), the receiving entity of the franked distribution will not include the franking credit on the franked distribution in its assessable income and is not entitled to a tax offset in relation to that distribution (section 207-145

ATO documents that consider ITAA 1997 s 177EA(5)(b), the receiving entity of the franked distribution will not include the franking credit on the franked distribution in its assessable income and is not entitled to a tax offset in relation to that distribution (section 207-145

1 document

TD 2014/10currentTD · 2014

Income tax: can section 177EA of the Income Tax Assessment Act 1936 apply to a 'dividend washing' scheme of the type described in this Taxation Determination?