Tax Laws Amendment (Research and Development) Act 2011 (93 of 2011)
Schedule 3 Other amendments relating to new R&D incentive
Part 5 Forgiveness of commercial debts
Division 1 Amending the new law
Income Tax Assessment Act 1997
42 Subsection 245-145(1) (table item 4)
Repeal the item, substitute:
|
4 |
Expenditure deductible under Division 355 (R&D) |
Division 355 of this Act |
Note: This item will not commence unless Schedule 2 to the Tax Laws Amendment (Transfer of Provisions) Act 2010 commences.
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