Tax Laws Amendment (Research and Development) Act 2011 (93 of 2011)
Schedule 3 Other amendments relating to new R&D incentive
Part 1 Tax offset rules
Income Tax Assessment Act 1997
1 Subsection 63-10(1) (after table item 30)
Insert:
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35 |
A *tax offset under Division 355 (about R&D) that is not covered by section 67-30 |
You may carry it forward to a later income year (under Division 65) |