Commonwealth Consolidated Acts

INCOME TAX ASSESSMENT ACT 1936 - SECT 332

  (1)   For the purposes of this Part, a company is a resident of a listed country at a particular time if, and only if, the company is, in accordance with subsection   (2), a resident of a particular listed country at that time.

  (2)   For the purposes of this Part, a company is a resident of a particular listed country at a particular time if, and only if, both of the following conditions are satisfied at that time:

  (a)   the company is not a Part   X Australian resident;

  (b)   the company is treated as a resident of the listed country for the purposes of the tax law of the listed country.