S 73U repealed by
No 164 of 2007
, s 3 and Sch 11 item 40, effective 25 September 2007. For application provision, see note under s
. For transitional provisions regarding reduced notional expenditure on foreign owned R
D, see note under s
. S 73U formerly read:
SECTION 73U RUNNING AVERAGES
for the Y
year of income is one-third of the sum of the R
D spend of the eligible company for each of the Y
, and Y
years of income.
year of income is one-half of the sum of the R
D spend of the eligible company for each of the 2 years of income before the year for which RA
is worked out.