s 118-260
In forceBusiness exemption threshold
Chapter 3Specialist liability rules
Part 3-1Capital gains and losses: general topics
Division 118Exemptions
Subdivision 118-CGoodwill
118-260 Business exemption threshold
Despite section 118‑260 of the Income Tax Assessment Act 1997, the Commissioner is entitled to publish the business exemption threshold for the 1998‑99 income year:
(a)
before the beginning of that year; or
(b)
within a reasonable time after the beginning of that year.
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