New Business Tax System (Integrity and Other Measures) Act 1999 (Incorporating amendments up to Act No. 78 of 2001) (169 of 1999)
Schedule 1 Disposal of leases and leased plant
Income Tax Assessment Act 1997
5 Section 12-5 (table item headed 'depreciation')
Repeal the item, substitute:
|
depreciation |
|
|
generally |
Division 42 |
|
balancing adjustments on disposal |
|
|
generally |
Subdivision 42-F |
|
for some cars |
Subdivision 42-G |
|
calculation of |
Subdivision 42-E |
|
cars, limit on cost |
42-80 |
|
deduction for |
42-15 |
|
IRUs |
Division 44 |
|
leasing entity, disposal of |
45-15, 45-20 |
|
reducing deductions |
42-170 |
|
roll-over relief, unpooled property |
Subdivision 41-A |
|
trading ships, special depreciation |
57AM |