Tax and Superannuation Laws Amendment (2013 Measures No. 1) Act 2013 (88 of 2013)
Schedule 3 Rural water use
Income Tax Assessment Act 1997
6 Section 40-540 (definition of expenditure )
After "capital expenditure", insert "(disregarding expenditure that you cannot deduct because of section 26-100 (about water infrastructure improvement expenditure))".
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