Tax Laws Amendment (2010 Measures No. 1) Act 2010 (56 of 2010)

Schedule 4   25% entrepreneurs' tax offset

Income Tax Assessment Act 1997

7   Subsection 61-520(2) (at the end of step 5 of the method statement)

Add:

Note: If you are an individual, section 61-523 may reduce the amount of the tax offset.

Copyright notice

© Australian Taxation Office for the Commonwealth of Australia

You are free to copy, adapt, modify, transmit and distribute material on this website as you wish (but not in any way that suggests the ATO or the Commonwealth endorses you or any of your services or products).