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

Schedule 1   Travel related to use of residential premises

Income Tax Assessment Act 1997

4   After subsection 110-55(9H)


(9J) Expenditure does not form part of the reduced 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.