Income Tax Assessment Act 1997

CHAPTER 2 - LIABILITY RULES OF GENERAL APPLICATION  

PART 2-5 - RULES ABOUT DEDUCTIBILITY OF PARTICULAR KINDS OF AMOUNTS  

Division 27 - Effect of input tax credits etc. on deductions  

Subdivision 27-B - Effect of input tax credits etc. on capital allowances  

SECTION 27-110  

27-110   Input tax credit etc. relating to 2 or more things  

This Subdivision applies to an ^* input tax credit, or an ^* increasing adjustment or ^* decreasing adjustment, that relates directly or indirectly to 2 or more things of which at least one is a ^* depreciating asset as if a reasonable proportion of the input tax credit or adjustment related directly or indirectly to each of those depreciating assets and each of those other things.