Commonwealth Consolidated Acts Commonwealth Consolidated ActsA reference in the income tax law (other than subsection 44(1A) of this Act) to a dividend or to a dividend within the meaning of section 6:
(a) includes a reference to a distribution made by the partnership, whether in money or in other property, to a partner in the partnership; and
(b) does not include a reference to a distribution to the extent
to which the distribution is attributable to profits or gains arising during a
year of income in relation to which the partnership was not a
corporate limited partnership.