Taxation Laws Amendment Act (No. 1) 1999 (16 of 1999)
Schedule 7 Deductible expenditure and CGT cost bases
Part 2 Amendment of the Income Tax Assessment Act 1997
14 Application
(1) The amendments made by this Part apply to assessments for the 1998-99 income year and later income years.
(2) However, the amendments made by items 12 and 13 do not apply to expenditure incurred before the day on which the Bill that became the Taxation Laws Amendment Act (No. 1) 1999 was introduced into the House of Representatives.
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).
