Tax Law Improvement Act (No. 1) 1998 (46 of 1998)
4 Intellectual property (new Division 373)
3 Consequential amendment of the Income Tax Assessment Act 1936
24 Subsection 245-140(1) of Schedule 2C (after the table item dealing with expenditure on acquiring a unit of industrial property)
Insert:
|
Expenditure on acquiring an item of intellectual property to produce assessable income |
Subdivision 373-B of the Income Tax Assessment Act 1997 |