s 355-600
In forceScope
Chapter 3Specialist liability rules
Part 3-45Rules for particular industries and occupations
Division 355Research and Development
Subdivision 355-MUndeducted core technology expenditure
355-600 Scope
This Subdivision applies to core technology (within the meaning of former section 73B of the Income Tax Assessment Act 1936) if:
(a)
you incurred core technology expenditure (within the meaning of that former section) in an income year commencing before 1 July 2011 in relation to the core technology under one or more contracts entered into at or after the time referred to in former subsection 73B(12) of that Act; and
(b)
that expenditure (the undeducted expenditure) cannot be deducted for the last income year commencing before 1 July 2011.
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