Document ID: chunk:federal_register_of_legislation:C2025C00029:section:11:p32
Version: federal_register_of_legislation:C2025C00029
Segment Type: section
Provision Reference: s 11 (pt 32/64)
Character Range: 3376618–3379960

entitled to a tax offset under section 210‑170
Division 214—Administering the imputation system
Guide to Division 214
214‑1 Purpose of the system
214‑5 Key features
Subdivision 214‑A—Franking returns
Guide to Subdivision 214‑A
214‑10 What this Subdivision is about
Operative provisions
214‑15 Requirement to give franking return—general
214‑20 Notice to a specific corporate tax entity
214‑25 Content and form of a franking return
214‑30 Franking account balance
214‑35 Venture capital sub‑account balance
214‑40 Meaning of franking tax
214‑45 Effect of a refund on franking returns
Subdivision 214‑B—Franking assessments
Guide to Subdivision 214‑B
214‑55 What this Subdivision is about
Operative provisions
214‑60 Commissioner may make a franking assessment
214‑65 Commissioner taken to have made a franking assessment on first return
214‑70 Part‑year assessment
214‑75 Validity of assessment
214‑80 Objections
Subdivision 214‑C—Amending franking assessments
Guide to Subdivision 214‑C
214‑90 What this Subdivision is about
              Operative provisions
214‑95 Amendments within 3 years of the original assessment
214‑100 Amended assessments are treated as franking assessments
214‑105 Further return as a result of a refund affecting a franking deficit tax liability
214‑110 Later amendments—on request
214‑115 Later amendments—failure to make proper disclosure
214‑120 Later amendments—fraud or evasion
214‑125 Further amendment of an amended particular
214‑135 Amendment on review etc.
214‑140 Notice of amendments
Subdivision 214‑D—Collection and recovery
Guide to Subdivision 214‑D
214‑145 What this Subdivision is about
Operative provisions
214‑150 Due date for payment of franking tax
214‑155 General interest charge
214‑160 Refunds of amounts overpaid
Subdivision 214‑E—Records
Guide to Subdivision 214‑E
214‑170 What this Subdivision is about
Operative provisions
214‑175 Record keeping
Division 215—Consequences of the debt/equity rules
Subdivision 215‑A—Application of the imputation system to non‑share equity interests
215‑1 Application of the imputation system to non‑share equity interests
Subdivision 215‑B—Non‑share dividends that are unfrankable to some extent
Guide to Subdivision 215‑B
215‑5 What this Subdivision is about
215‑10 Certain non‑share dividends by ADIs unfrankable
215‑15 Non‑share dividends are unfrankable if profits are unavailable
215‑20 Working out the available frankable profits
215‑25 Anticipating available frankable profits
Division 216—Cum dividend sales and securities lending arrangements
Subdivision 216‑A—Circumstances where a distribution to a member of a corporate tax entity is treated as having been made to someone else
216‑1 When a distribution made to a member of a corporate tax entity is treated as having been made to someone else
216‑5 First situation (cum dividend sales)
216‑10 Second situation (securities lending arrangements)
216‑15 Distribution closing time
Subdivision 216‑B—Statements to be made where there is a cum dividend sale or securities lending arrangement
216‑20 Cum dividend sale—statement by securities dealer
216‑25 Cum dividend sale—statement by party
216‑30 Securities lending arrangements—statement by borrower
Division 218—Application of imputation rules to co‑operative companies
218‑5 Application of imputation rules to co‑operative companies
Division