Published on 16 Feb 07
by THE TAX INSTITUTE
A joint professional body submission sent to the ATO in relation to the draft taxation determination TD 2006/D40 Income tax: imputation: franked distributions: qualified persons: does an entity have to be a qualified person within the meaning of Division 1A of Part IIIAA of the Income Tax Assessment Act 1936 to avoid the application of paragraphs 207-145(1)(1) and 207-150(a) of the Income Tax Assessment Act 1997 in respect of a franked distribution made directly or indirectly to the entity on or after 1 July 2002?
NATIONAL INSTITUTE OF ACCOUNTANTS
TAXPAYERS ASSOCIATION OF NEW SOUTH WALES
TAXATION INSTITUTE OF AUSTRALIA
Click here to expand/collapse more articles by TAXATION INSTITUTE OF AUSTRALIA.