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Livestock and other assets

Special rules for deductions that apply to livestock and to certain other types of assets and capital expenditure.

How to value your livestock at the end of each year to determine your net income from primary production.

There are special rules to work out the decline in value of certain depreciating assets.

Primary producers and other landholders can claim specific deductions for certain capital expenditure.

Water and carbon sequestration rights are capital gains tax (CGT) assets.

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