Document ID: chunk:federal_register_of_legislation:C2025C00029:section:2
Version: federal_register_of_legislation:C2025C00029
Segment Type: section
Provision Reference: s 2
Character Range: 7666664–7667649

2                                      (a) an Australian resident carrying on an activity or business at or through an*overseas permanent establishment; or                  work out the taxable income or tax loss derived from the activity or business carried on at or through the permanent establishment                                                                           (a) if the choice you make under this item is a backdated startup choice (see section 960‑65)—the income year in which you make the choice; or
                                       (b) a foreign resident carrying on an activity or business at or through an *Australian permanent establishment                                                                                                                                                                                                                                    (b) in any other case—the income year following the one in which you make the choice.