Treasury Laws Amendment (A Tax Plan for the COVID-19 Economic Recovery) Act 2020 (92 of 2020)

Schedule 5   Enhancing the integrity of the R&D Tax Incentive

Part 2   R&D clawback and catch up amounts

Income Tax Assessment Act 1997

23   At the end of section 355-105

Add:

(2) Subsection (1) does not apply to amounts that the *R&D entity can deduct under the following:

(a) subsection 355-315(2);

(b) subsection 355-475(1);

(c) subsection 355-525(2).


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