Taxation Laws Amendment Act (No. 4) 1994 (181 of 1994)
Schedule 3 AMENDMENTS RELATING TO SUPERANNUATION
Part 2 INCOME TAX ASSESSMENT ACT 1936
Division 8 Deductions for taxable contributions to certain entities
50 After section 277
Insert in Division 2 of Part IX:
Deduction for taxable contributions that are fringe benefits
"277A. A deduction is allowable from the assessable income of an eligible entity of a year of income of an amount equal to the total of any taxable contributions included in that assessable income that are fringe benefits (within the meaning of the Fringe Benefits Tax Assessment Act 1986).".
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