Tax Law Improvement Act (No. 1) 1998 (46 of 1998)
3 Company bad debts
3 Consequential amendment of the Income Tax Assessment Act 1936
13 Before subsection 63A(1)
Insert:
(1A) This section does not apply to the 1998-99 year of income or a later year of income.
Note: Subdivisions 165-C, 166-C and 175-C of the Income Tax Assessment Act 1997 deal with a company deducting bad debts for those income years.
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