Treasury Laws Amendment (Tax Integrity and Other Measures) Act 2018 (124 of 2018)
Schedule 3 Fintech and venture capital amendments
Taxation Administration Act 1953
4 At the end of subsections 362-5(1) and 362-25(1) in Schedule 1
Add:
Note: An activity will not be an ineligible activity for the purposes of subsections 118-425(13) and 118-427(14) of the Income Tax Assessment Act 1997 if, for example, it is covered by subsections 118-425(13A) and 118-427(14A) of that Act.
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