Income Tax Assessment Act 1936
(Repealed by No 169 of 1999) 82KZMD(2) [Calculation of expenditure]
For each year of income containing all or part of the eligible service period for the expenditure, the taxpayer may deduct the amount worked out using the formula:
Number of days of eligible service period
in the year of income
Total number of days of eligible service period
This section does not apply to expenditure incurred by a small business entity unless the small business entity chooses to apply this section to the expenditure: see paragraph 82KZMA(2)(b) .