National Disability Insurance Scheme Legislation Amendment Act 2013 (44 of 2013)
Schedule 3 Income tax amendments
Income Tax Assessment Act 1997
3 At the end of Division 26
Add:
26-100 National Disability Insurance Scheme expenditure
A participant (within the meaning of the National Disability Insurance Scheme Act 2013) cannot deduct under this Act a loss or outgoing to the extent the loss or outgoing is funded (including funded by way of reimbursement) by an *NDIS amount the participant *derives.
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