Document ID: chunk:federal_register_of_legislation:C2025C00014:section:316
Version: federal_register_of_legislation:C2025C00014
Segment Type: section
Provision Reference: s 316
Character Range: 1820778–1821588

316  Object of Part
 (1) The object of this Part is to provide for certain amounts to be included in a taxpayer's assessable income (Division 9) in respect of:
 (a) the attributable income of a CFC (section 456); and
 (b) certain changes of residence by a CFC (section 457).
 (2) To that end (and for other purposes of this Act) this Part contains rules relating to the following:
 (a) interpretation (Division 1);
 (b) types of entities (Division 2);
 (c) control interests, attribution interests, attributable taxpayers and attribution percentages (Division 3);
 (d) attribution accounts (Division 4);
 (g) the calculation of attributable income of a CFC (Division 7);
 (h) the active income test (Division 8);
 (j) post‑attribution asset disposals (Division 10);
 (k) the keeping of records (Division 11).