Tax and Superannuation Laws Amendment (2015 Measures No. 2) Act 2015 (130 of 2015)

Schedule 2   In-house software

Income Tax Assessment Act 1997

1   Subsection 40-95(7) (cell at table item 8, column headed "The effective life is:")

Repeal the cell, substitute:

5 years

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).