Treasury Laws Amendment (A Tax Plan for the COVID-19 Economic Recovery) Act 2020 (92 of 2020)

Schedule 4   Enhancing the R&D Tax Incentive

Income Tax Assessment Act 1997

1   Subsection 67-30(1)

Omit "if all or part of the amount of the tax offset is worked out using the percentage in item 1 of the table in subsection 355-100(1)", substitute "if the amount of the tax offset is worked out in accordance with item 1 of the table in subsection 355-100(1) (disregarding subsection 355-100(3))".