Commonwealth Consolidated Acts

[Index] [Table] [Search] [Search this Act] [Notes] [Noteup] [Previous] [Next] [Download] [Help]

INCOME TAX ASSESSMENT ACT 1997 - SECT 880.15

Meaning of sovereign entity

                   A sovereign entity is any of the following:

                     (a)  a body politic of a foreign country, or a part of a foreign country;

                     (b)  a * foreign government agency;

                     (c)  an entity:

                              (i)  in which an entity covered by paragraph (a) or (b) holds a * total participation interest of 100%; and

                             (ii)  that is not an Australian resident; and

                            (iii)  that is not a resident trust estate for the purposes of Division 6 of Part III of the Income Tax Assessment Act 1936 .



AustLII: Copyright Policy | Disclaimers | Privacy Policy | Feedback