Income Tax Assessment Act 1997
CHAPTER 2
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LIABILITY RULES OF GENERAL APPLICATION
PART 2-5
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RULES ABOUT DEDUCTIBILITY OF PARTICULAR KINDS OF AMOUNTS
Division 28
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Car expenses
Subdivision 28-A
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Deductions for car expenses
SECTION 28-13
Meaning of
car expense
28-13(1)
A car expense is a loss or outgoing to do with a * car.
28-13(2)
In addition, any of the following is a car expense:
(a) a loss or outgoing to do with operating a * car;
(b) the decline in value of a car.
28-13(3)
None of the following is a car expense:
(a) a loss or outgoing incurred, or a payment made, in respect of travel outside Australia;
(b) a taxi fare or similar loss or outgoing.
A car expense is a loss or outgoing to do with a * car.
28-13(2)
In addition, any of the following is a car expense:
(a) a loss or outgoing to do with operating a * car;
(b) the decline in value of a car.
View history note
Hide history note28-13(3)
None of the following is a car expense:
(a) a loss or outgoing incurred, or a payment made, in respect of travel outside Australia;
(b) a taxi fare or similar loss or outgoing.
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