Tax Laws Amendment (Tax Incentives for Innovation) Act 2016 (54 of 2016)

Schedule 1   Tax incentives for early stage investors

Part 2   Other amendments

Taxation Administration Act 1953

15   Section 45-340 in Schedule 1 (method statement, step 1, after paragraph (g))

Insert:

(ga) Subdivision 360-A of the Income Tax Assessment Act 1997 (the tax offset for early stage investors in innovation companies); or