A New Tax System (Indirect Tax and Consequential Amendments) Act (No. 2) 1999 (177 of 1999)
Schedule 5 Income tax deductions for GST-related expenditure
Income Tax Assessment Act 1997
1 Section 12-5 (after table item headed 'grape vines')
Insert:
|
GST - acquiring or upgrading plant to meet GST obligations etc. |
|
depreciation for cost of plant 42-168 |
|
software 42-168, 46-25 |
|
upgrading plant 25-80 |
Copyright notice
© Australian Taxation Office for the Commonwealth of Australia
You are free to copy, adapt, modify, transmit and distribute material on this website as you wish (but not in any way that suggests the ATO or the Commonwealth endorses you or any of your services or products).
