INCOME TAX ASSESSMENT ACT 1997 - SECT 418.120 The total of all exploration credits issued in relation to exploration investment
INCOME TAX ASSESSMENT ACT 1997 - SECT 418.120
The total of all exploration credits issued in relation to exploration investmentThe total amount of all * exploration credits issued by an entity (the minerals explorer ) to another entity (the investor ) in relation to * exploration investment made by the investor in the minerals explorer in an income year (the investment year ) must not exceed the amount worked out using the following formula:
