INCOME TAX ASSESSMENT ACT 1936 - SECT 383 Basic assumptions

INCOME TAX ASSESSMENT ACT 1936 - SECT 383

    The assumptions are:

  (a)   that the eligible CFC is a taxpayer and a resident, within the meaning of section   6, during the whole of the eligible period; and

  (b)   that the eligible period is a year of income, being the year of income of the eligible taxpayer in which the eligible period ends; and

  (c)   that this Act is modified in accordance with Subdivisions B to E; and

  (d)   whichever of the assumptions in section   384 or 385 applies.