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

2   Subsection 67-30(1) (notes)

Repeal the notes, substitute:

Note: Otherwise, the tax offset will be a non-refundable tax offset (see item 35 of the table in subsection 63-10(1)).