Tax Laws Amendment (2004 Measures No. 7) Act 2005 (41 of 2005)

Schedule 1   25% entrepreneurs' tax offset

Income Tax Assessment Act 1997

8   At the end of subsection 328-365(1)

Add:

Note 2: If you choose to become an STS taxpayer, you may be entitled to the 25% entrepreneurs' tax offset: see Subdivision 61-J.