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StatuteIncome Tax Assessment Act 1936

Section 370 — Income Tax Assessment Act 1936: Attribution surplus

Text of the provision Official document

An attribution surplus for an attribution account entity in relation to a taxpayer exists at a particular time if the entity’s total attribution credits arising before that time in relation to the taxpayer exceed its total attribution debits arising before that time in relation to the taxpayer.

Official source: Federal Register of Legislation

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