Document ID: chunk:federal_register_of_legislation:C2025C00014:section:437:p2
Version: federal_register_of_legislation:C2025C00014
Segment Type: section
Provision Reference: s 437 (pt 2/2)
Character Range: 2048599–2049540

the company's percentage interest in the profits of the partnership for the statutory accounting period.
 (2) If:
 (a) a company is a partner in one or more partnerships at any time during a statutory accounting period; and
 (b) apart from this subsection, paragraph 432(1)(e) does not apply in relation to the company in relation to the statutory accounting period; and
 (c) at all times during the statutory accounting period when:
 (i) a particular one of those partnerships was in existence; and
 (ii) the company was in existence and was a resident of a particular listed country, or of a particular unlisted country;
  the partnership carried on business in that country at or through a permanent establishment of the partnership in that country;
subsection 432(1) has effect as if paragraph 432(1)(e) had applied in relation to the company in relation to the statutory accounting period.

Subdivision D—General interpretive provisions