Tax and Superannuation Laws Amendment (2016 Measures No. 2) Act 2017 (15 of 2017)
Schedule 4 Miscellaneous amendments
Part 2 Other amendments of principal Acts
Income Tax Assessment Act 1997
38 Paragraph 40-25(8)(a)
Repeal the paragraph, substitute:
(a) if section 250-150 applies - you are taken not to be using the asset for a *taxable purpose to the extent of the *disallowed capital allowance percentage; or
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