(1) The company can choose that Subdivision 165-A is to apply to it for the income year without the modifications made by this Subdivision.
(2) The company must choose on or before the day it lodges its * income tax return for the income year, or before a later day if the Commissioner allows.
Table of sections
166-20 How Subdivisions 165-B and 165-CB apply to a widely held or eligible Division 166 company
166-25 How to work out the taxable income, tax loss, net capital gain and net capital loss
166-35 Companies can choose that this Subdivision is not to apply to them