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

Schedule 4   Enhancing the R&D Tax Incentive

Income Tax Assessment Act 1997

6   Subsection 355-100(1) (note)

Repeal the note, substitute:

Note 1: The tax offset will be a refundable tax offset if item 1 of the table applies (see section 67-30).

Note 2: The tax offset is increased under subsection (1A) of this section if item 2 or 3 of the table applies.