Document ID: chunk:federal_register_of_legislation:C2010C00184:clause:1_216
Version: federal_register_of_legislation:C2010C00184
Segment Type: clause
Provision Reference: sch 1 cl 216
Character Range: 99269–100122

216  After subsection 3A(1)
Insert:

 (1A) For the purposes of this Act, a decision to which this Act applies is made to provide correlative relief for economic double taxation if:
 (a) Australia has an agreement with one of the following (a treaty partner):
 (i) a foreign country or a constituent part of a foreign country;
 (ii) an overseas territory; and
 (b) the treaty partner taxes profits, or purports to tax profits, in accordance with, or consistent with the principles of:
 (i) if the treaty partner is the United Kingdom—Article 9 of the 2003 United Kingdom convention; or
 (ii) otherwise—a corresponding provision of another agreement; and

Note: Article 9 of the 2003 United Kingdom Convention deals with associated enterprises.
 (c) the decision is made in giving effect to subsection 24(3) of the International Tax Agreements Act 1953.