INCOME TAX ASSESSMENT ACT 1936 - SECT 94R Liquidator may include partner in corporate limited partnership
INCOME TAX ASSESSMENT ACT 1936 - SECT 94R
Liquidator may include partner in corporate limited partnershipFor the purposes of the income tax law:
(a) a reference to the liquidator of the partnership includes a reference to a partner in the partnership who carries out the winding - up of the partnership; and
(b) a reference to distributions made by a liquidator in the
course of winding up the partnership includes a reference to distributions
made by such a partner to himself or herself in the course of winding - up the
partnership.