Treasury Laws Amendment (Laminaria and Corallina Decommissioning Cost Recovery Levy) Act 2022 (24 of 2022)

Schedule 1   Amendments

Income Tax Assessment Act 1997

2   After section 26-95

Insert:

26-96 Laminaria and Corallina decommissioning levy cannot be deducted

You cannot deduct under this Act an amount of *Laminaria and Corallina decommissioning levy that you pay.