Andrew Robb (Goldstein, Liberal Party, Chairman of the Coalition Policy Development Committee) Share this | Hansard source

I have a supplementary question, Mr Speaker. Will the Treasurer confirm that any first-year tax benefit will be offset by higher tax liabilities in subsequent years, so that the net value to the business of the instant asset write-off over the life of the asset is likely to be about $300 and not the $6½ thousand that the government was claiming yesterday?

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