Income Tax Assessment Act 1997
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Hide history noteSECTION 385-115 385-115 Your assessable income includes an amount for replacement live stock you breed
If you make the election in section 385-110 , then for the * disposal year and each of the next 5 income years, your assessable income includes any amount you choose for each replacement animal you breed during that income year. (However, you can choose not to include an amount.)
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