s 276-25
In forceStarting income year
Chapter 3Specialist liability rules
Part 3-25Particular kinds of trusts
Division 276Attribution managed investment trusts
Subdivision 276-BStarting income year
276-25 Starting income year
In this Division:
starting income year means:
(a)
unless paragraph (b) or (c) applies—the 2017‑18 income year; or
(b)
if the trustee of the trust has made a choice for the purposes of paragraph 1(1)(b) of Schedule 8 to the Tax Laws Amendment (New Tax System for Managed Investment Trusts) Act 2016—the first income year starting on or after 1 July 2015; or
(c)
if the trustee of the trust has made a choice for the purposes of subparagraph 276‑10(1)(e)(i) of the Income Tax Assessment Act 1997 in respect of the 2016‑17 income year—that income year.
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