Tax Law Improvement Act (No. 1) 1998 (46 of 1998)
3 Company bad debts
1 Amendment of the Income Tax (Transitional Provisions) Act 1997
2 After Subdivision 175-CB
Insert:
Subdivision 175-C - Tax benefits from unused bad debt deductions
Table of sections
175-40 Application of Subdivision 175-C of the Income Tax Assessment Act 1997
175-40 Application of Subdivision 175-C of the Income Tax Assessment Act 1997
Subdivision 175-C of the Income Tax Assessment Act 1997 (about companies obtaining tax benefits from unused bad debt deductions) applies to assessments for the 1998-1999 income year and later income years.
Copyright notice
© Australian Taxation Office for the Commonwealth of Australia
You are free to copy, adapt, modify, transmit and distribute material on this website as you wish (but not in any way that suggests the ATO or the Commonwealth endorses you or any of your services or products).
