Document ID: chunk:federal_register_of_legislation:C2025C00029:section:11:p28
Version: federal_register_of_legislation:C2025C00029
Segment Type: section
Provision Reference: s 11 (pt 28/64)
Character Range: 3364796–3368117

Operative provisions
204‑25 Substituting tax‑exempt bonus shares for franked distributions
Subdivision 204‑D—Streaming distributions
Guide to Subdivision 204‑D
204‑26 What this Subdivision is about
Operative provisions
204‑30 Streaming distributions
204‑35 When does a franking debit arise if the Commissioner makes a determination under paragraph 204‑30(3)(a)
204‑40 Amount of the franking debit
204‑41 Amount of the exempting debit
204‑45 Effect of a determination about distributions to favoured members
204‑50 Assessment and notice of determination
204‑55 Right to review where a determination made
Subdivision 204‑E—Disclosure requirements
Guide to Subdivision 204‑E
204‑65 What this Subdivision is about
Operative provisions
204‑70 Application of this Subdivision
204‑75 Notice to the Commissioner
204‑80 Commissioner may require information where the Commissioner suspects streaming
Division 205—Franking accounts, franking deficit tax liabilities and the related tax offset
Guide to Division 205
205‑1 What this Division is about
205‑5 Franking accounts, franking deficit tax liabilities and the related tax offset
Operative provisions
205‑10 Each entity that is or has been a corporate tax entity has a franking account
205‑15 Franking credits
205‑20 Paying a PAYG instalment, income tax, diverted profits tax or Australian DMT tax
205‑25 Residency requirement for an event giving rise to a franking credit or franking debit
205‑30 Franking debits
205‑35 Refund of income tax, diverted profits tax or Australian DMT tax
205‑40 Franking surplus and deficit
205‑45 Franking deficit tax
205‑50 Deferring franking deficit
205‑70 Tax offset arising from franking deficit tax liabilities
Division 207—Effect of receiving a franked distribution
Guide to Division 207
207‑5 Overview
              Subdivision 207‑A—Effect of receiving a franked distribution generally
              Guide to Subdivision 207‑A
207‑10 What this Subdivision is about
Operative provisions
207‑15 Applying the general rule
207‑20 General rule—gross‑up and tax offset
Subdivision 207‑B—Franked distribution received through certain partnerships and trustees
Guide to Subdivision 207‑B
207‑25 What this Subdivision is about
Gross‑up and tax offset
207‑30 Applying this Subdivision
207‑35 Gross‑up—distribution made to, or flows indirectly through, a partnership or trustee
207‑37 Attributable franked distribution—trusts
207‑45 Tax offset—distribution flows indirectly to an entity
Key concepts
207‑50 When a franked distribution flows indirectly to or through an entity
207‑55 Share of a franked distribution
207‑57 Share of the franking credit on a franked distribution
207‑58 Specifically entitled to an amount of a franked distribution
207‑59 Franked distributions within class treated as single franked distribution
Subdivision 207‑C—Residency requirements for the general rule
Guide to Subdivision 207‑C
207‑60 What this Subdivision is about
207‑65 Satisfying the residency requirement
Operative provisions
207‑70 Gross‑up and tax offset under section 207‑20
207‑75 Residency requirement
              Subdivision 207‑D—No gross‑up or tax offset where distribution would not be taxed
Guide to Subdivision 207‑D
207‑80 What this Subdivision is about
Operative provisions
207‑85 Applying this Subdivision
207‑90 Distribution that is made to