Treasury Laws Amendment (Housing Tax Integrity) Act 2017 (126 of 2017)

Schedule 1 Travel related to use of residential premises

Insert:

(4A) Expenditure does not form part of any element of the cost base to the extent that section 26-31 prevents it being deducted.

Note: Section 26-31 denies deductions for travel related to the use of residential premises as residential accommodation.