New Business Tax System (Consolidation and Other Measures) Act 2003 (16 of 2003)
Schedule 23 Consolidation: research and development
Income Tax Assessment Act 1997
12 At the end of section 40-292
Add:
Note: An asset whose tax cost is set under Division 701 of this Act may have its adjustable value reduced in applying this section: see section 73BAG of the Income Tax Assessment Act 1936.
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