National Disability Insurance Scheme Legislation Amendment Act 2013 (44 of 2013)

Schedule 3   Income tax amendments

Income Tax Assessment Act 1997

6   At the end of section 110-38

Add:

(7) Expenditure does not form any part of any element of the cost base to the extent that section 26-100 prevents it being deducted (even if some other provision also prevents it being deducted).

Note: Section 26-100 denies deductions for National Disability Insurance Scheme expenditure.