Document ID: chunk:federal_register_of_legislation:C2025C00014:section:78a:p17
Version: federal_register_of_legislation:C2025C00014
Segment Type: section
Provision Reference: s 78A (pt 17/17)
Character Range: 461159–462266

financial dealings of an OBU
121EC Meaning of OBU resident‑owner money
121ED Meaning of trade with a person
121EDA Meaning of OB income
121EE Definitions relating to assessable income of an OBU
121EF Definitions relating to allowable deductions of an OBU
Subdivision C—Operative provisions
121EJ Source of income derived from OB activities
121EK Deemed interest on 90% of certain OBU resident‑owner money
121EL Exemption of income etc. of OBU offshore investment trusts
121ELA Exemption of income etc. of overseas charitable institutions
121ELB Adjustment of capital gains and losses from disposal of units in OBU offshore investment trusts
Division 9C—Assessable income diverted under certain tax avoidance schemes
121F Interpretation
121G Diverted income and diverted trust income
121H Assessment of diverted income and diverted trust income
121J Ascertainment of diverted income or diverted trust income deemed to be an assessment
121K Application of International Tax Agreements Act
121L Division applies notwithstanding exemption under other laws

Part III—Liability to taxation

Division 3—Deductions