Document ID: chunk:federal_register_of_legislation:C2025C00180:clause:1_6
Version: federal_register_of_legislation:C2025C00180
Segment Type: clause
Provision Reference: sch 1 cl 6
Character Range: 1302633–1303472

6                    You have a *shortfall amount because of section 284‑35 (about partnerships) and:                                                                                                                                                                                                                                              25% of your *shortfall amount or part
                     (a) your shortfall amount or part of it resulted from you or your agent treating an *income tax law as applying to a matter or identical matters in a particular way that was not *reasonably arguable; and
                     (b) because of that treatment, the partnership net income would have been reduced, or the partnership loss would have been increased, for the income year by more than the partnership's *reasonably arguable threshold