Tax Laws Amendment (Small Business Measures No. 3) Act 2015 (114 of 2015)
Schedule 1 Tax discount for unincorporated small businesses
Part 2 Other amendments
Income Tax Assessment Act 1997
5 Subsection 995-1(1)
Insert:
net small business income , of a *small business entity, has the meaning given by section 328-365.
Copyright notice
© Australian Taxation Office for the Commonwealth of Australia
You are free to copy, adapt, modify, transmit and distribute material on this website as you wish (but not in any way that suggests the ATO or the Commonwealth endorses you or any of your services or products).
