INCOME TAX ASSESSMENT ACT 1936 - SECT 82KZMD Business expenditure and non-business expenditure by non-individual
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 or medium business entity unless the entity chooses to
apply this section to the expenditure: see paragraph 82KZMA(2)(b).