Commonwealth Consolidated Acts

INCOME TAX ASSESSMENT ACT 1997 - SECT 208.180

    To work out an entity's share of the * exempting credit on a * distribution * franked with that credit, use sections   207 - 55 and 207 - 57 to work out what the entity's share of the credit would be it if were a * franking credit on a * franked distribution. The entity's share of the exempting credit is equal to that amount.