Tax Law Improvement Act 1997 (121 of 1997)
Schedule 10 Entertainment expenses
Part 3 Consequential amendment of the Income Tax Assessment Act 1936
15 Before subsection 51AE(1)
Insert:
(1A) This section does not apply to an assessment for the 1997-98 year of income or a later year of income.
Note: Division 32 of the Income Tax Assessment Act 1997 deals with the deductibility of entertainment expenses.
Copyright notice
© Australian Taxation Office for the Commonwealth of Australia
You are free to copy, adapt, modify, transmit and distribute material on this website as you wish (but not in any way that suggests the ATO or the Commonwealth endorses you or any of your services or products).
