Charge where power to enjoy income (ss 720-726)

Contents

Section 720 – Charge to tax on income treated as arising under section 721 [ITA 2007 s 720] Section commentary
Section 720A – Transfers by closely-held companies [ITA 2007 s 720A] Section commentary
Section 721 – Individuals with power to enjoy income as a result of relevant transactions [ITA 2007 s 721] Section commentary
Section 721A – Meaning of “protected foreign-source income” in section 721 [ITA 2007 s 721A] Section commentary
Section 721B – Section 721A: tainting [ITA 2007 s 721B] Section commentary
Section 722 – When an individual has power to enjoy income of person abroad [ITA 2007 s 722] Section commentary
Section 723 – The enjoyment conditions [ITA 2007 s 723] Section commentary
Section 724 – Special rules where benefit provided out of income of person abroad [ITA 2007 s 724] Section commentary
Section 725 – Reduction in amount charged where controlled foreign company involved [ITA 2007 s 725] Section commentary
Section 725A – Recovery of tax paid as a result of section 721 [ITA 2007 s 725A] Section commentary
Section 726 – Qualifying new residents and remittance-basis users: “foreign” deemed income [ITA 2007 s 726] Section commentary

Access full legislation.And much more.

By becoming a member, your team gets full access to Tax World research tools and source-backed tax resources.

Become a member