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 2 - LIABILITY RULES OF GENERAL APPLICATION  

PART 2-20 - TAX OFFSETS    View history reference

Division 61 - Generally applicable tax offsets    View history reference

Subdivision 61-P - ESVCLP tax offset    View history reference

Operative provisions

SECTION 61-775  

61-775  Amount of the ESVCLP tax offset - trustees  

 View history reference
If subsection 61-760(3) applies, the amount of the *tax offset for the income year is the difference between:


(a) what would, under section 61-765 , have been the amount of the tax offset to which the trust would have been entitled if it had been an individual; and


(b) if *members of the trust are entitled to tax offsets under subsection 61-760(2) arising from the same contributions from which the trustee ' s entitlement arises under subsection 61-760(3) - the sum of the amounts, under section 61-770 , of those tax offsets.


 



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