Tax Laws Amendment (2007 Measures No. 2) Act 2007 (78 of 2007)
Schedule 3 Research and development
Income Tax Assessment Act 1936
19 Subsection 73X(1)
Repeal the subsection, substitute:
(1) The premium amount is distributed between each group member (the increasing members ) that increased its incremental expenditure incurred during its group membership period for the Y0 year of income over the average of its incremental expenditure incurred during its group membership period for the Y-1, Y-2 and Y-3 years of income.
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