Commonwealth Consolidated Acts

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INCOME TAX ASSESSMENT ACT 1997 - SECT 210.81

Distributions to be franked with venture capital credits to the same extent

             (1)  If a * PDF * franks a * distribution with a venture capital credit, it must frank each other distribution made under the same resolution with a venture capital credit worked out using the same venture capital percentage.

             (2)  The venture capital percentage for a * distribution is worked out using the formula:



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