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Taxation (International and Other Provisions) Act 2010 section 259MB
Application of Chapters 3, 4, 5 and 7
Section 259MB provides a de minimis exemption for investors in transparent funds where their share of a mismatched payment or quasi-payment is less than 10% of the income that would have arisen to the fund, provided the mismatch does not arise under a structured arrangement.
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