Income Tax Assessment Act 1997

CHAPTER 2 - LIABILITY RULES OF GENERAL APPLICATION  

PART 2-10 - CAPITAL ALLOWANCES: RULES ABOUT DEDUCTIBILITY OF CAPITAL EXPENDITURE  

Division 40 - Capital allowances  

Subdivision 40-H - Capital expenditure that is immediately deductible  

SECTION 40-725   What this Subdivision is about  


You get an immediate deduction for certain capital expenditure on:

  • · exploration or prospecting; and
  • · rehabilitation of mining or quarrying sites; and
  • · paying petroleum resource rent tax; and
  • · environmental protection activities.

  • View surrounding sectionsView surrounding sectionsBack to top


    This information is provided by CCH Australia Limited Link opens in new window. View the disclaimer and notice of copyright.