Treasury Laws Amendment (Tax Reform No. 2) Act 2026 (71 of 2026)

Schedule 2   $20,000 instant asset write-off for small business entities

Income Tax (Transitional Provisions) Act 1997

19   Subsections 328-180(4), (4A), (5) and (6)

After "Income Tax Assessment Act 1997", insert "(as in force immediately before the threshold change day)".