Income Tax Assessment Act 1997
View history note
Hide history noteThe amount of the * CMPTI tax offset for the income year is equal to 10 % of the company ' s total * CMPTI expenditure referred to in paragraph 419-5(1)(d) .
419-10(2)
However, if: (a) * CMPTI community benefit rules under paragraph 419-145(1)(b) apply to the company for the income year; and (b) circumstances specified in those rules exist for the company;
the amount of the * CMPTI tax offset is reduced by the proportion specified in those rules for those circumstances.
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