Document ID: chunk:federal_register_of_legislation:C2025C00029:section:3:p30
Version: federal_register_of_legislation:C2025C00029
Segment Type: section
Provision Reference: s 3 (pt 30/59)
Character Range: 7941802–7944513

policy that:
 (a) was issued by a company in the course of carrying on a *business at or through the *permanent establishment of the company in a foreign country; and
 (b) is held by an entity that is neither an *associate of the company nor a Part X Australian resident (within the meaning of Part X of the Income Tax Assessment Act 1936).
foreign revenue claim has the meaning given by section 263‑10 in Schedule 1 to the Taxation Administration Act 1953.
foreign service of document request has the meaning given by section 263‑60 in Schedule 1 to the Taxation Administration Act 1953.
foreign superannuation fund:
 (a) a *superannuation fund is a foreign superannuation fund at a time if the fund is not an *Australian superannuation fund at that time; and
 (b) a superannuation fund is a foreign superannuation fund for an income year if the fund is not an Australian superannuation fund for the income year.
foreign tax period, in relation to an entity, in relation to a foreign tax imposed by a tax law of a foreign country, means the accounting period used by the entity for the purposes of determining the tax base under that law.
foreign trust for CGT purposes means a trust that is not a *resident trust for CGT purposes.
foreign UTPR tax means tax that:
 (a) is payable under a *foreign law; and
 (b) satisfies the requirements of the UTPR (within the meaning of the *GloBE Rules).
foreign venture capital fund of funds has the meaning given by subsections 118‑420(4) and (5).
forestry interest in a *forestry managed investment scheme has the meaning given by subsection 394‑15(3).
forestry managed investment scheme has the meaning given by subsection 394‑15(1).
forestry manager of a *forestry managed investment scheme has the meaning given by subsection 394‑15(2).
forestry road has the meaning given by subsection section 43‑72.
forex cost base has the meaning given by section 775‑85.
forex entitlement base has the meaning given by section 775‑90.
forex realisation event means any of the forex realisation events described in Division 775.
forex realisation gain: for each *forex realisation event a forex realisation gain is worked out in the way described in the event.
forex realisation loss: for each *forex realisation event a forex realisation loss is worked out in the way described in the event.

forgive a debt has the meaning given by sections 245‑35, 245‑36 and 245‑37.
Note: Subdivisions 245‑C to 245‑G (about forgiveness of commercial debts) apply to certain arrangements as if the arrangements were forgiveness of debts: see section 245‑45.
forgiveness income year, in relation to a debt that is *forgiven, means the income year in which the debt is forgiven.
form approved by