| Disclaimer This edited version has been archived due to the length of time since original publication. It should not be regarded as indicative of the ATO's current views. The law may have changed since original publication, and views in the edited version may also be affected by subsequent precedents and new approaches to the application of the law. You cannot rely on this record in your tax affairs. It is not binding and provides you with no protection (including from any underpaid tax, penalty or interest). In addition, this record is not an authority for the purposes of establishing a reasonably arguable position for you to apply to your own circumstances. For more information on the status of edited versions of private advice and reasons we publish them, see PS LA 2008/4. |
Edited version of your written advice
Authorisation Number: 1012780770563
Ruling
Subject: General deductions, depreciating assets, depreciation and low-value pool
In order to protect the privacy of this taxpayer and the commercial in-confidence components of this transaction, the Edited Version of this private ruling is prepared in the following form.
This ruling concerned a scheme involving an infrastructure project:
Income Tax Assessment Act 1997 Subsection 8-1(1)
Income Tax Assessment Act 1997 Paragraph 8-1(2)(a)
Income Tax Assessment Act 1997 Subsection 40-25(1)
Income Tax Assessment Act 1997 Subsection 40-25(2)
Income Tax Assessment Act 1997 Subsection 40-25(7)
Income Tax Assessment Act 1997 Subsection 40-30(1)
Income Tax Assessment Act 1997 Subsection 40-30(2)
Income Tax Assessment Act 1997 Subsection 40-30(4)
Income Tax Assessment Act 1997 Section 40-40
Income Tax Assessment Act 1997 Section 40-175
Income Tax Assessment Act 1997 Section 40-180
Income Tax Assessment Act 1997 Section 40-185
Income Tax Assessment Act 1997 Section 40-190
Income Tax Assessment Act 1997 Subsection 40-425(1)
Income Tax Assessment Act 1997 Subsection 40-425(2)
Income Tax Assessment Act 1997 Section 40-440
Income Tax Assessment Act 1997 Subsection 40-520(2)