Commonwealth Consolidated Acts

[Index] [Table] [Search] [Search this Act] [Notes] [Noteup] [Previous] [Next] [Download] [Help]

INCOME TAX ASSESSMENT ACT 1997 - SECT 208.95

Exempting percentage

    The exempting percentage for a * frankable distribution is worked out using the formula:

Start formula start fraction Amount of the *exempting credit on the distribution over *Maximum franking credit for the distribution end fraction times 100 end formula

AustLII: Copyright Policy | Disclaimers | Privacy Policy | Feedback