Tax Laws Amendment (Small Business) Act 2007 (80 of 2007)

Schedule 3   STS taxpayers

Part 2   Consequential amendments

Income Tax Assessment Act 1936

103   Subsection 170(1) (table item 1, column headed "Qualification", paragraphs (a), (b) and (d))

Omit “an STS taxpayer”, substitute “a small business entity”.