Tax Laws Amendment (Stronger, Fairer, Simpler and Other Measures) Act 2012 (23 of 2012)
Schedule 2 Increase to the small business instant asset write-off threshold
Part 1 Amendments contingent on the Minerals Resource Rent Tax
Income Tax Assessment Act 1997
25 Subsection 328-190(1) (formula)
Repeal the formula, substitute:
*Opening pool balance x 30%
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