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

Schedule 3   Increasing small business entity turnover threshold for certain concessions

Part 1   Amendments

Income Tax Assessment Act 1997

26   Subparagraph 40-880(2A)(c)(ii)

Omit "not a small business entity", substitute "neither a small business entity, nor an entity covered by subsection (2B),".