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Tax incentives for greening Australia - an update on carbon sink forests.

Publication date: 01 Nov 07 | Source: INTAX

Issue: Issue 10 2007

Pages: pp.32-34

Abstract:
The Tax Laws Amendment (2007 Measures No 6) Bill 2007 has finally made it into parliament. This article looks at the new provisions covering qualification for the deduction of capital expenditure on the establishment of trees in carbon sink forests.

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Author profile

Dr Damien Lockie CTA-Life
Dr Damien Lockie, FTIA (Life), is a Barrister-at-Law at the Victorian Bar and an Adjunct Professor of Law at Bond University. Dual qualified in law and accounting, Damien has over 30 years experience as a Solicitor, Accountant and advocate specialising in property and environmental laws and federal and state revenue laws. - Current at 01 March 2012
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