‑5 What this Subdivision is about
A distribution that an Australian corporate tax entity makes to a foreign resident is not subject to dividend withholding tax, and is not assessable income, to the extent that the entity declares it to be conduit foreign income. An Australian corporate tax entity has an amount that is non‑assessable non‑exempt income if it receives a distribution including conduit foreign income from another such entity and it makes a distribution including conduit foreign income. This Subdivision sets out the method of working out an entity’s conduit foreign income. It also discourages streaming of distributions to entities that can take advantage of the receipt of conduit foreign income. Table of sections Operative provisions 802‑10 Objects 802‑15 Foreign residents—exempting CFI from Australian tax 802‑17 Trust estates and foreign resident beneficiaries—exempting CFI from Australian tax 802‑20 Distributions between Australian corporate tax entities—non‑assessable non‑exempt income 802‑25 Conduit foreign income of an Australian corporate tax entity 802‑30 Foreign source income amounts 802‑35 Capital gains and losses 802‑40 Effect of foreign income tax offset on conduit foreign income 802‑45 Previous declarations of conduit foreign income 802‑50 Receipt of an unfranked distribution from another Australian corporate tax entity 802‑55 No double benefits 802‑60 No streaming of distributions
Sourced from the Federal Register of Legislation at 25 May 2026. For the latest information on Australian Government law please go to https://www.legislation.gov.au. Verify the current text against the official source before relying on it.
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