Lodgment of returns and statements for the year ended 30 June 2002 - Income Tax
LODGMENT OF DEFICIT DEFERRAL TAX RETURNSLODGMENT OF DEFICIT DEFERRAL TAX RETURNS
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LODGMENT OF DEFICIT DEFERRAL TAX RETURNS
Companies, including corporate trustees that are treated as companies for the purposes of Part IIIAA of the ITAA 1936, which:
(1) pay a tax instalment in one franking year which is refunded in the following year, and
(2) the refund would have given rise to, or increased, a class C franking deficit if it occurred before the end of the earlier year;
must lodge a deficit deferral tax return (in the approved form) within 14 days of receiving the refund.
(This is also the date by which deficit deferral tax is payable.)
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