Taxation Ruling IT 2417A1 - Addendum - Income tax: Imputation of Company Tax: Form approved by Commissioner of Taxation for issue to shareholders receiving dividends



Ruling: 1. Paragraph 3: Omit 'rebate'; substitute 'tax offset'. | 2. Paragraph 4: Omit 'section 46 rebate'; substitute 'tax offset under section 207-20 of the Income Tax Assessment Act 1997 (ITAA 1997) equal to the franking credit'. | 3. Paragraph 6: Omit subparagraph (a); substitute: | 4. Paragraph 7: Omit 'paragraph (c)'; substitute 'paragraph (g)'. | 5. Paragraph 9: Omit the paragraph.




This Addendum is a public ruling for the purposes of the Taxation Administration Act 1953 . It amends Taxation Ruling IT 2417 to reflect the changes to the law resulting from the operation of the New Business Tax System (Imputation) Act 2002.


Related rulings: IT 2417
Legislative references: Omit 'section 46 rebate' substitute section 207-20'; section 202-75; section 202-80'. | This Addendum applies on and from 1 July 2002. | Commissioner of Taxation 7 August 2013