Tax Laws Amendment (Repeal of Inoperative Provisions) Act 2006 (101 of 2006)

Schedule 2   Consequential amendments relating to Schedule 1 repeals etc.

Part 1   Amendments: general

Income Tax Assessment Act 1997

659   At the end of section 25-5


Expenditure by trustee of deceased estate

(8) If:

(a) after you die, the trustee of your deceased estate incurs expenditure; and

(b) had you incurred the expenditure before you died, you could have deducted it under subsection (1);

for the purposes of assessing the trustee for the income year in which you died, the expenditure is an allowable deduction under that subsection.