Commonwealth Numbered Acts

EXCESS EXPLORATION CREDIT TAX ACT 2015 (NO. 17, 2015) - SECT 5

                   The amount of an entity's excess exploration credit tax for an income year is equal to the amount of the excess referred to in section 418-150 of the Income Tax Assessment Act 1997 in relation to that income year.

Note:          Subdivision 418-F of the Income Tax Assessment Act 1997 deals with liability to pay excess exploration credit tax.