Income Tax Assessment Act 1997
The Minister must cause a review of the operation of subsection 355-100(3) (about the rate of tax offset when notional deductions exceed $100 million) to be undertaken as soon as possible after the fifth anniversary of the commencement of that subsection. 355-750(2)
The Minister must cause a copy of the report of the review to be tabled in each House of the Parliament within 15 sitting days of receiving it.
[ CCH Note: S 355-750 will be repealed by No 13 of 2015, s 3 and Sch 1 item 14, applicable in relation to an R & D entity ' s assessments for income years commencing on or after 1 July 2024.]
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