Tax Law Improvement Act 1997 (121 of 1997)
Schedule 6 Depreciation
Part 3 Consequential amendment of the Income Tax Assessment Act 1936
132 After subparagraph 245-155(1)(b)(iii) of Schedule 2C
Insert:
(iv) because a balancing adjustment event within the meaning of Division 42 of the Income Tax Assessment Act 1997 occurs for that asset;
Copyright notice
© Australian Taxation Office for the Commonwealth of Australia
You are free to copy, adapt, modify, transmit and distribute material on this website as you wish (but not in any way that suggests the ATO or the Commonwealth endorses you or any of your services or products).
