Tax Laws Amendment (2009 Measures No. 2) Act 2009 (42 of 2009)
Schedule 2 CGT concessions for small business
Part 2 Other amendments
Income Tax Assessment Act 1997
39 At the end of section 328-110
Add:
Partners in a partnership
(6) A person who is a partner in a partnership in an income year is not, in his or her capacity as a partner, a small business entity for the income year.
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