New Business Tax System (Integrity and Other Measures) Act 1999 (Incorporating amendments up to Act No. 78 of 2001) (169 of 1999)
Schedule 1 Disposal of leases and leased plant
Income Tax Assessment Act 1997
10 At the end of subsection 42-285(1)
Add:
Note: Offsetting under this section is not available for a company when it is treated as if it had disposed of plant under Division 45.
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).
