National Disability Insurance Scheme Legislation Amendment Act 2013 (44 of 2013)
Schedule 3 Income tax amendments
Income Tax Assessment Act 1997
7 After subsection 110-55(9F)
Insert:
(9G) Expenditure does not form any part of any element of the reduced cost base to the extent that section 26-100 prevents it being deducted (even if some other provision also prevents it being deducted).
Note: Section 26-100 denies deductions for National Disability Insurance Scheme expenditure.
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