Tax Laws Amendment (Tax Incentives for Innovation) Act 2016 (54 of 2016)

Schedule 2   Venture capital investment

Part 1   Tax offset for ESVCLP investments

Income Tax Assessment Act 1997

3   Subsection 63-10(1) (after table item 30)

Insert:

32

ESVCLP *tax offset under Subdivision 61-P

You may carry it forward to a later income year (under Division 65)