Tax Laws Amendment (Small Business) Act 2007 (80 of 2007)
Schedule 3 STS taxpayers
Part 2 Consequential amendments
Income Tax Assessment Act 1936
102 At the end of section 82KZMD
Add:
Note: This section does not apply to expenditure incurred by a small business entity unless the small business entity chooses to apply this section to the expenditure: see paragraph 82KZMA(2)(b).
Note: The heading to section 82KZMD is altered by omitting “ (except by an STS taxpayer) ”.
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