Document ID: chunk:federal_register_of_legislation:C2021C00270:clause:5_9
Version: federal_register_of_legislation:C2021C00270
Segment Type: clause
Provision Reference: sch 5 cl 9
Character Range: 57638–58151

9  After paragraph 177F(1)(e)
Insert:
 or (f) in the case of a tax benefit that is referable to:
 (i) a refundable R&D tax offset; or
 (ii) a non‑refundable R&D tax offset; or
 (iii) a part of a refundable R&D tax offset; or
 (iv) a part of a non‑refundable R&D tax offset;
  being allowable to the taxpayer in relation to a year of income—determine that the whole or a part of the offset, or the part of the offset, as the case may be, is not to be allowable to the taxpayer in relation to that year of income;