Taxation Laws Amendment (Research and Development) Act 2001 (170 of 2001)
Schedule 3 Refundable tax offset
Income Tax Assessment Act 1936
6 After subsection 82AM(2)
Insert:
(2A) A deduction under this Subdivision is not allowable in respect of expenditure in respect of a unit of property where a deduction in respect of the expenditure would have been allowed or allowable under section 73B, 73BA, 73BH or 73Y if a company had not chosen a tax offset under section 73I.
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