Section OB 58 — Income Tax Act 2007: ICA refund of amount of tax for schedular payment

OB 58 ICA refund of amount of tax for schedular payment Debit (1) An Australian ICA company has an imputation debit for the amount of a refund of an amount of tax for a schedular payment that gave rise to an imputation credit under section OB 28 . Table references (2) The imputation debit in subsection (1) is referred to in table O2: imputation debits, row 31 (refund of amount of tax for schedular payment). The imputation credit in subsection (1) is referred to in table O1: imputation credits, row 26 (amount of tax for schedular payment). Debit date (3) The debit date is the day the refund is made. Defined in this Act: amount , amount of tax , Australian ICA company , imputation credit , imputation debit , pay , schedular payment , Compare: 2004 No 35 s ME 5(1A)(b), (2A)