17 Dec 099 Partnerships and FIF income - TD 2009/20
This final Taxation Determination was issued on 16 December 2009. It was previously released in draft form as TD 2009/D7. Its full title is "Income tax: where the net income of a partnership (determined in accordance with s 90 of ITAA 1936) includes Foreign Investment Fund (FIF) income, will an Australian resident taxpayer which is assessable on its share of the net income under s 92 be entitled to a FIF exemption under s 519B(2) of that Act for any relevant proportion of their share of the partnership's net income?" The answer given is No.
For a copy of TD 2009/20, go here