Tax Laws Amendment (2007 Measures No. 4) Act 2007 (143 of 2007)

Schedule 1   New foreign income tax offset rules

Part 4   Consequential and other amendments

Income Tax Assessment Act 1936

29   Subsection 23AI(2)

Repeal the subsection, substitute:

(2) This section is to be disregarded for the purposes of applying any other provision of this Act to determine allowable deductions.