Timing and quantifying rules - Controlled foreign company and foreign investment fund rules - Calculation of person’s income interest
EX 13: Income interests of partners
You could also call this:
“This rule about calculating a partner's income interest has been removed”
This section of the law, called ‘Income interests of partners’, used to be part of the rules about how to calculate a person’s income interest. However, it has been removed from the law. The government took it out on 1 April 2008. This means that this particular rule no longer applies, and you don’t need to worry about it anymore when thinking about income interests of partners.
