Tax Laws Amendment (Small Business Measures No. 2) Act 2015 (67 of 2015)

Schedule 1   Accelerated depreciation for small business entities

Part 1   Main amendments

Income Tax Assessment Act 1997

1   At the end of subsection 328-175(10)

Add:

Note 3: Subsections 328-180(2) and (3) of the Income Tax (Transitional Provisions) Act 1997 affect the operation of this subsection in relation to income years ending on or after 12 May 2015.