Treasury Laws Amendment (Junior Minerals Exploration Incentive) Act 2018 (15 of 2018)
Schedule 1 Junior minerals exploration incentive
Part 2 Other amendments
Income Tax Assessment Act 1997
13 After section 112-77
Insert:
112-78 Exploration investments
|
Exploration investments |
|||
|---|---|---|---|
|
Item |
In this situation: |
Element affected: |
See section: |
|
1 |
An exploration investment in the form of a share is disposed of |
The total reduced cost base |
130-110 |