Document ID: chunk:federal_register_of_legislation:C2025C00014:section:45b:p3
Version: federal_register_of_legislation:C2025C00014
Segment Type: section
Provision Reference: s 45B (pt 3/3)
Character Range: 283998–285201

period for which the ownership interests are held by the holder of the interests; and
 (ii) when the arrangement for the disposal of the ownership interests was entered into;
 (j) for a demerger only:
 (i) whether the profits of the demerging entity and demerged entity are attributable to transactions between the entity and an associate (within the meaning in section 318) of the entity; and
 (ii) whether the assets of the demerging entity and demerged entity were acquired under transactions between the entity and an associate (within the meaning in section 318) of the entity;
 (k) any of the matters referred to in subsection 177D(2).

Meaning of obtaining a tax benefit
 (9) A relevant taxpayer obtains a tax benefit if an amount of tax payable, or any other amount payable under this Act, by the relevant taxpayer would, apart from this section, be less than the amount that would have been payable, or would be payable at a later time than it would have been payable, if the demerger benefit had been an assessable dividend or the capital benefit had been an assessable dividend.
 (10) In this section:
scheme has the meaning given by subsection 995‑1(1) of the Income Tax Assessment Act 1997.