Taxation Laws Amendment (Research and Development) Act 2001 (170 of 2001)
Schedule 3 Refundable tax offset
Income Tax Assessment Act 1936
9 After subsection 632(2)
Insert:
(2A) The deduction is not allowable if 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.
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).
