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08 Sep 1414 Coal seam gas extraction assets - effective life review to begin

The ATO has advised that it has started a review of the assets used in the coal seam gas extraction industry as a business defined within ANZSIC code 07000, with a view to making new effective life determinations. It expects the review of these assets will be completed within 12 months, with new effective life determinations applying from 1 July 2015.

For information about participation in the review, go here

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