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  • Changes in building ownership

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    This information may not apply to the current year. Check the content carefully to ensure it is applicable to your circumstances.

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    Where ownership of the building changes, the right to claim any undeducted construction expenditure for capital works (special building write-off) passes to the new owner. A new owner should confirm that the building was constructed during one of the appropriate periods outlined above, and to be eligible for the deduction, must continue to use the building for income-producing purposes.

    Last modified: 28 Jul 2003QC 16187