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A New Tax System (Family Assistance) Act 1999
11Sharing family tax benefit (shared care percentages)
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#### 11 Sharing family tax benefit (shared care percentages)
If an individual has a shared care percentage for an FTB child of the individual, the FTB child rate for the child, in working out the individual’s standard rate, is the individual’s shared care percentage of the FTB child rate that would otherwise apply to the child.