Tax and Superannuation Laws Amendment (2014 Measures No. 4) Act 2014 (110 of 2014)
Schedule 5
Part 4 Other amendments of principal Acts
Income Tax Assessment Act 1997
117 Paragraph 709-190(b)
Repeal the paragraph, substitute:
(b) an amount (the excess ) of the offset remains after applying section 63-10 (about the tax offset priority rules) to the head company’s basic income tax liability for that income year; and
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