Taxation Ruling

TR 2008/4W

Income tax: effective life of depreciating assets (applicable from 1 July 2008)

• Please note that the PDF version is the authorised version of this withdrawal notice.
  This Ruling has been replaced by TR 2009/4
  This document incorporates revisions made since original publication. View its history and amending notices, if applicable.

Notice of Withdrawal

Taxation Ruling TR 2008/4 is withdrawn on and from 1 July 2009.

1. Taxation Ruling TR 2008/4 has been replaced by Taxation Ruling TR 2009/4, which applies on and from 1 July 2009. To the extent that the views contained in TR 2008/4 still apply, they have been incorporated into TR 2009/4.

2. The Commissioner's determination of the effective life of depreciating assets has been amended with effect from 1 July 2009. If, for a particular asset, you were using an effective life from the determination as in force before the latest amendment (for example, as contained in the Schedule to TR 2008/4), you should continue to use that life for that asset.

Commissioner of Taxation
24 June 2009

Not previously issued as a draft

References

ATO references:
NO 2006/20258