Tax Laws Amendment (Tax Incentives for Innovation) Act 2016 (54 of 2016)
Schedule 1 Tax incentives for early stage investors
Part 2 Other amendments
Income Tax Assessment Act 1997
14 Section 112-97 (at the end of the table)
Add:
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37 |
The issuing of a share gives rise to an entitlement to a tax offset under Subdivision 360-A |
First element of cost base and reduced cost base |
Sections 360-50, 360-55, 360-60 and 360-65 |