Eligibility – Tax Exemption and Refundability of Franking Credits – the ATO view of the requisite nexus with Australia
This article accompanies another article which identifies Australian nexus pre-requisites for certain tax concessions relevant to NFPs and discussed the test applicable to certain deductible gift recipients. The present article focuses on the application of the different nexus test governing access to exemption for tax and refundability of franking credits.
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Disclaimer: This article is based upon information available as at the time of publishing and may be subject to change.