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21 Jun 07 Effective life of depreciating assets determination

Income Tax (Effective Life of Depreciating Assets) Amendment Determination 2007 (No 1) was made on 18 June 2007 and registered on the Federal Register of Legislative Instruments on 20 June 2007. The Determination amends the Income Tax (Effective Life of Depreciating Assets) Determination 2001 and determines the effective life of certain assets. The Determination applies from 1 July 2007.

For a copy of the Determination, go here

For a copy of the Explanatory Statement, click on ES/Supp Material

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