Tax Laws Amendment (2009 Measures No. 4) Act 2009 (88 of 2009)

Schedule 4   Consolidation: application of losses with nil available fraction

Income Tax Assessment Act 1997

3   Subsection 243-35(2) (method statement, at the end of step 1)

Add:

Note: The amount of a capital allowance deduction may be reduced under section 707-415.