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Second Reading Speeches

Tax Laws Amendment (Small Business and General Business Tax Break) Bill 2009

Type
Government
Portfolio
Treasury
Originating house
House of Representatives
Status
Act
Parliament no
42

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Summary

Amends the

Income Tax Assessment Act 1997
to provide for a temporary bonus income tax deduction for new investment in tangible depreciating assets undertaken between 13 December 2008 and 31 December 2009.

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