A T O home
Legal Database
Search   
for 
 
Access the database 
Browse database
Searches  
View last document
Quick access 
View legislation
View a document
Email Cross Reference Material Previous/Next Section Contents Previous/Next Result
Printable version
Printable
version

Income Tax Assessment Act 1997

CHAPTER 3 - SPECIALIST LIABILITY RULES  

PART 3-5 - CORPORATE TAXPAYERS AND CORPORATE DISTRIBUTIONS  

Division 164 - Non-share capital accounts for companies    View history reference

Operative provisions  

SECTION 164-5  Object  

 View history reference

164-5(1)  

This Division provides for the *non-share capital account through which a company records contributions made to it in respect of *non-share equity interests and returns by it of those contributions.

164-5(2)  

This allows a *non-share distribution to be characterised as either:


(a) a *non-share dividend; or


(b) a *non-share capital return.


 



This information is provided by CCH Australia Limited. View the disclaimer and notice of copyright.
Top of page
More information on page