Document ID: chunk:federal_register_of_legislation:C2005C00282:clause:4_73z
Version: federal_register_of_legislation:C2005C00282
Segment Type: clause
Provision Reference: sch 4 cl 73Z
Character Range: 117873–118410

73Z  Anti‑avoidance

 (1) This section applies to a company if:
 (a) the company requests an amendment to an assessment for a year of income to reduce the amount of its research and development expenditure for a year of income; and
 (b) the Commissioner is of the opinion that the purpose of the proposed amendment is to increase the company's entitlement to a deduction under section 73Y for any year of income.

 (2) The amount of that reduction is ignored in working out the company's incremental expenditure for any year of income.