Legislation

ITAA 1997 s 23AH(15)(a) of the definition of foreign income is satisfied as the periodic payments received by the Australian resident company under the Swap will be foreign income because the periodic payments are amounts that, apart from this section, would be included in assessable income under subsection 6-5(2)

ATO documents that consider ITAA 1997 s 23AH(15)(a) of the definition of foreign income is satisfied as the periodic payments received by the Australian resident company under the Swap will be foreign income because the periodic payments are amounts that, apart from this section, would be included in assessable income under subsection 6-5(2)