Income Tax Assessment Act 1997

CHAPTER 2 - LIABILITY RULES OF GENERAL APPLICATION  

PART 2-10 - CAPITAL ALLOWANCES: RULES ABOUT DEDUCTIBILITY OF CAPITAL EXPENDITURE  

Division 40 - Capital allowances  

Subdivision 40-J - Capital expenditure for the establishment of trees in carbon sink forests  

Guide to Subdivision 40-J

SECTION 40-1000   40-1000   What this Subdivision is about  


You can deduct amounts for capital expenditure incurred for establishing trees that meet the requirements for constituting a carbon sink forest.


TABLE OF SECTIONS
TABLE OF SECTIONS
Operative provisions
40-1005 Deduction for expenditure for establishing trees in carbon sink forests
40-1010 Expenditure for establishing trees in carbon sink forests
40-1015 Carbon sequestration by trees
40-1020 Certain expenditure disregarded
40-1025 Non-arm ' s length transactions
40-1030 Extra deduction for destruction of trees in carbon sink forest
40-1035 Getting information if you acquire a carbon sink forest


 

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