Tax and Superannuation Laws Amendment (2016 Measures No. 1) Act 2016 (52 of 2016)

Schedule 3   Farm management deposits

Part 2   Technical amendments

Income Tax Assessment Act 1997

21   Subsection 328-360(1) (definition of your total net small business income for the income year)

Omit "For the purposes of paragraph (b), disregard small business entities that are *corporate tax entities.".