Taxation Laws Amendment (Research and Development) Act 2001 (170 of 2001)
Schedule 1 Streamlining amendments
Part 3 Research and development plans
Income Tax Assessment Act 1936
5 After subsection 73B(2B)
Insert:
(2BA) Activities are not covered by the definition of research and development activities in subsection (1) unless they are carried on in accordance with a plan that complies with any guidelines formulated by the Board under section 39KA of the Industry Research and Development Act 1986 that are in force at the time.
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).
