Commonwealth Consolidated Acts

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INCOME TAX ASSESSMENT ACT 1936 - SECT 82KZMD

Business expenditure and non-business expenditure by non-individual

             (2)  For each year of income containing all or part of the eligible service period for the expenditure, the taxpayer may deduct the amount worked out using the formula:

Note:          This section does not apply to expenditure incurred by a small business entity unless the small business entity chooses to apply this section to the expenditure: see paragraph 82KZMA(2)(b).


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