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02 Oct 13 Capital allowances review - railway locomotive and rolling stock design, engineering and manufacturing

The ATO advises that it has started a review of assets used in the railway locomotive and rolling stock design, engineering and manufacturing industries as defined by ANZSIC codes 23930 and 69230.

The ATO expects its review of these assets to be completed within 12 months, with new effective life determinations applying from 1 July 2014.

 


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