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COMMONWEALTHAct
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s 214-1

Application

In force
Chapter 3Specialist liability rules
Part 3-6The imputation system
Division 214Administering the imputation system

214-1 Application

This Division applies to a corporate tax entity if a liability to pay franking deficit tax arises for the entity under section 205‑25 of this Act because of events that occur within a period of 12 months ending on 30 June in any year (the balancing period).

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