Document ID: chunk:federal_register_of_legislation:C2024A00136:clause:6_4
Version: federal_register_of_legislation:C2024A00136
Segment Type: clause
Provision Reference: sch 6 cl 4
Character Range: 30005–30642

4  After subsection 295(3A)
Insert:
 (3B) For the purposes of this section, an entity is an Australian resident at the end of a financial year if the entity is:
 (a) an Australian resident (within the meaning of the Income Tax Assessment Act 1997) at that time; or
 (b) a partnership at least one member of which is an Australian resident (within the meaning of the Income Tax Assessment Act 1997) at that time; or
 (c) a resident trust estate (within the meaning of Division 6 of Part III of the Income Tax Assessment Act 1936) in relation to the year of income (within the meaning of that Act) that corresponds to the financial year.