Tax Laws Amendment (2009 Measures No. 2) Act 2009 (42 of 2009)

Schedule 2   CGT concessions for small business

Part 2   Other amendments

Income Tax Assessment Act 1997

39   At the end of section 328-110

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Partners in a partnership

(6) A person who is a partner in a partnership in an income year is not, in his or her capacity as a partner, a small business entity for the income year.