Commonwealth Consolidated Acts

INCOME TAX ASSESSMENT ACT 1997 - SECT 210.110

    In determining the extent to which a * franking credit is reasonably attributable to a * CGT event in relation to a * qualifying SME investment of the * PDF, have regard to:

  (a)   the extent to which the credit can reasonably be attributed to the * payment of a PAYG instalment or the payment of income tax by the PDF in relation to its * section   124ZZB SME assessable income for an income year; and

  (b)   the extent to which the section   124ZZB SME assessable income can reasonably be attributed to the CGT event.