Published on 07 Feb 97
by THE TAX INSTITUTE
The following joint response is made to the proposed provisions in the TLIB replacing the existing depreciation provisions and Section 26AAB as well as certain aspects of the primary production provisions. This submission considers a range of issues implicit in the TLIB including some possible drafting issues, though it is not and is not intended to be a detailed line by line appraisal of the document.
AUSTRALIAN SOCIETY OF ACCOUNTANTS
TAX POLICY & RESEARCH DIVISION
INSTITUTE OF CHARTERED ACCOUNTANTS