The objective of the share capital tainting rules in Division 197 of the Income Tax Assessment Act 1997 (ITAA 97) is outlined in paragraph 4.4 of the Explanatory Memorandum (EM) to Tax Laws Amendment (2006 Measures No.3) Bill 2006 introducing Division 197 of the ITAA 97:
Miscellaneous
Joint professional body submission in relation to TD 2008/D17
Published Date: 30 Jan 2009
Details
- Published By:Taxation Institute Of Australia,Icaa,Cpa Australia,National Institute Of Accountants,Taxpayers Australia Inc
- Published On:30 Jan 2009
- Session Name:Joint professional body submission in relation to TD 2008/D17
- Read Time:10+ minutes
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