Your base year can relate to a year during which a child was in your care before you adopted the child
This section defines your base year if you are entitled to a *tax offset for a child under section 61-440 (which is where a child is in your care before you legally adopt the child).
Your base year for a *tax offset under sections 61-355 and 61-440 is:
(a) if you were an Australian resident at any time in the income year (the previous income year) just before the income year in which the child was first in your care - the later of the following years:
(i) the previous income year;
(ii) the income year commencing on 1 July 2000; and
(b) otherwise - the later of the following years:
(i) the earliest income year in which you were an Australian resident and the child was in your care;
(ii) the income year commencing on 1 July 2001.
See section 61-445 for when a child is first in your care.
If paragraph (2)(a) applies to you, you may choose, in the *approved form, the later of the following years to be your base year:
(a) the year the child was first in your care;
(b) the income year commencing on 1 July 2001.
A choice cannot be revoked.
A choice cannot be made:
(a) after you have claimed the *tax offset under section 61-440 for any income year; or
(b) after you have transferred your entitlement to the tax offset under section 61-440 for any income year.
Your base year for an entitlement transferred to you under section 61-385 is the income year before the first income year for which the entitlement for the child was transferred to you.