Pt 2-20 inserted by No 56 of 1997.

Div 67 substituted by No 79 of 2000, inserted by No 128 of 1998.

S 67-30(1) amended by No 92 of 2020, s 3 and Sch 4 items 1 and 2, by substituting " if the amount of the tax offset is worked out in accordance with item 1 of the table in subsection 355-100(1) (disregarding subsection 355-100(3)) " for " if all or part of the amount of the tax offset is worked out using the percentage in item 1 of the table in subsection 355-100(1) " and the note for notes 1 and 2, effective 1 January 2021 and applicable in relation to assessments for income years commencing on or after 1 July 2021. Notes 1 and 2 formerly read:

Note 1:

Otherwise, the tax offset will be a non-refundable tax offset (see item 35 of the table in subsection 63-10(1)).

Note 2:

This subsection can apply to an entitlement under any subsection of section 355-100.

S 67-30(1) amended by No 13 of 2015, s 3 and Sch 1 items 1 and 2, by inserting " all or part of " and substituting note 2, applicable in relation to an R & D entity ' s assessments for income years commencing on or after 1 July 2014. Note 2 formerly read:

Note 2:

This subsection can apply to an entitlement under subsection 355-100(1) or (2) .

S 67-30 inserted by No 93 of 2011, s 3 and Sch 3 item 4, effective 8 September 2011. For application, savings and transitional provisions see note under Div 355 heading.

Former s 67-30 repealed by No 58 of 2006 , s 3 and Sch 7 item 68, applicable to assessments for the 2006-07 income year and later income years. S 67-30 formerly read:

SECTION 67-30 When you can get a refund of a tax offset  
67-30
You can get a refund of *tax offsets that are subject to the refundable tax offset rules if the total of those offsets exceeds the amount of income tax that you would have to pay if you had not got those tax offsets and any tax offset under section 205-70 (but had got all your other tax offsets).

Former s 67-30 amended by No 23 of 2005, substituted by No 79 of 2000 and inserted by No 128 of 1998.