Taxation Ruling

TR 2018/4W

Income tax: effective life of depreciating assets (applicable from 1 July 2018)

  • Please note that the PDF version is the authorised version of this ruling.
    This Ruling has been replaced by TR 2019/5

Notice of Withdrawal

Taxation Ruling TR 2018/4 is withdrawn with effect from 1 July 2019.

1. TR 2018/4 discusses the methodology used by the Commissioner of Taxation in making a determination of the effective life of depreciating assets under section 40-100 of the Income Tax Assessment Act 1997.

2. TR 2018/4 has been replaced by Taxation Ruling TR 2019/5, which applies from 1 July 2019. To the extent that the views contained in TR 2018/4 still apply, they have been incorporated into TR 2019/5.

3. The Commissioner has made a new determination of the effective life of certain depreciating assets which takes effect from 1 July 2019. This determination has been incorporated into Tables A and B in the Schedule to TR 2019/5.

Commissioner of Taxation
26 June 2019

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TR 2018/4 history

  Date Version
27 June 2018 Original ruling
You are here 26 June 2019 Withdrawn