Treasury Laws Amendment (A Tax Plan for the COVID-19 Economic Recovery) Act 2020 (92 of 2020)
Schedule 7 Temporary full expensing of depreciating assets
Part 3 Consequential amendments
Income Tax Assessment Act 1997
13 Subsection 40-75(2) (note 3)
Repeal the note, substitute:
Note 3: Subdivision 40-BA or 40-BB of the Income Tax (Transitional Provisions) Act 1997 may also require you to adjust the formula: see subsections 40-135(3) and 40-180(2) of that Act.
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