Statute Law Revision Act 2010 (8 of 2010)
Schedule 1 Amendment of principal Acts
Income Tax Assessment Act 1997
33 Subsection 210-175(2) (formula)
Repeal the formula, substitute:
Tax offset to which the entity would otherwise be entitled x (*Complying superannuation/FHSA class of taxable income / Total income)
Note: This item makes a consequential amendment required as a result of the First Home Saver Accounts Act 2008.
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