Income Tax Assessment Act 1997
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.
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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