Tax Laws Amendment (2007 Measures No. 4) Act 2007 (143 of 2007)
Schedule 1 New foreign income tax offset rules
Part 4 Consequential and other amendments
Income Tax Assessment Act 1936
30 Subsection 23AK(2)
Repeal the subsection, substitute:
(2) This section is to be disregarded for the purposes of applying any other provision of this Act to determine allowable deductions.