Part 2 IS THE CFC Largely Exempt Because IT IS Primarily Engaged IN A Genuine Active Business
ATO (CWLTH) resource. Rules Mate indexes this as part of the Australian compliance corpus. Click through for the regulator's primary source.
https://www.ato.gov.au/forms-and-instructions/foreign-income-return-form-guide-2005/chapter-1-attribution-of-the-current-year-profit-of-a-controlled-foreign-company/part-2-is-the-cfc-largely-exempt-because-it-is-primarily-engaged-in-a-genuine-active-business
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