Document ID: chunk:federal_register_of_legislation:C2007A00079:clause:10_99f
Version: federal_register_of_legislation:C2007A00079
Segment Type: clause
Provision Reference: sch 10 cl 99F
Character Range: 110615–111301

99F  Assessable income includes amounts attributable to fund payments

  If a beneficiary of a trust estate who is presently entitled to a share of the income of the trust estate:
 (a) is a non‑resident at the end of the year of income; and
 (b) is not, in respect of that share, a beneficiary in the capacity of a trustee of another trust estate;
the assessable income of the beneficiary includes so much of the individual interest of the beneficiary in the net income of the trust estate as is represented by or reasonably attributable to an amount from which an entity is required to withhold an amount under Subdivision 12‑H in Schedule 1 to the Taxation Administration Act 1953.