Document ID: chunk:federal_register_of_legislation:C2010C00184:clause:4_102uu
Version: federal_register_of_legislation:C2010C00184
Segment Type: clause
Provision Reference: sch 4 cl 102UU
Character Range: 127843–128729

102UU  Trustee beneficiary may quote tax file number to trustee of closely held trust

  A trustee beneficiary in respect of:
 (a) a share of the net income of a closely held trust for a year of income that is included in the assessable income of the trustee beneficiary of the trust under section 97; or
 (b) a share of a tax‑preferred amount of a closely held trust to which the trustee beneficiary of the trust is presently entitled at the end of a year of income;
may quote his or her tax file number to the trustee of the closely held trust in connection with that trustee making a correct TB statement about that share.

Note: Section 8WA of the Taxation Administration Act 1953 makes it an offence for a person to require or request another person to quote the other person's tax file number unless provision is made by a taxation law for the other person to quote the number.