Treasury Laws Amendment (A Tax Plan for the COVID-19 Economic Recovery) Act 2020 (92 of 2020)
Schedule 3 Increasing small business entity turnover threshold for certain concessions
Part 1 Amendments
Taxation Administration Act 1953
37 Paragraph 45-130(1)(d) in Schedule 1
Repeal the paragraph, substitute:
(d) for the 2009-10 income year or a later income year - you are one of the following kinds of entity (an eligible business entity ):
(i) a *small business entity (other than because of subsection 328-110(4) of the Income Tax Assessment Act 1997);
(ii) an entity covered by subsection (1A) of this section.
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