INCOME TAX ASSESSMENT ACT 1936 - SECT 323 State foreign taxes may be treated as federal foreign taxes
INCOME TAX ASSESSMENT ACT 1936 - SECT 323
State foreign taxes may be treated as federal foreign taxesIf, apart from this section, a listed country or an unlisted country has both:
(a) federal foreign tax; and
(b) State foreign tax;
the regulations may provide that a specified State foreign tax is to be
treated, for the purposes of this Part, as if it were an additional federal
foreign tax of the listed country or the unlisted country.