Treasury Laws Amendment (2023 Measures No. 2) Act 2023 (28 of 2023)
Schedule 3 Tax accounting for primary producer registered emissions units
Income Tax Assessment Act 1997
1 Subsection 392-45(2)
Repeal the subsection, substitute:
(2) Your basic assessable income for an income year is your assessable income for the income year, less:
(a) any amount included in your assessable income under section 82-65, 82-70 or 302-145 (certain employment termination payments and superannuation benefits); and
(b) any *net capital gain included in your assessable income under Division 102.
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