Statute
Section 429 — Income Tax Assessment Act 1936: Notional allowable deduction for (sometimes-exempt income) loss
Text of the provision Official document
The amount of any (sometimes-exempt income) loss of the eligible CFC for the eligible period class is a notional allowable deduction for the period from the notional assessable income of the eligible CFC.
Official source: Federal Register of Legislation
There are no decisions in our collection citing this provision yet. As new judgments are published, they will appear here.
Search case law on this topic
See judgments from Australian courts and tribunals with a plain-English summary and legal holding.
Explore case law →