Legislation

ITAA 1936 s 42-15 and 42-18, and Divisions 42 and 43 of the Act, to which this Determination refers, express the same ideas as subsection 54(1), sections 55 and 56, and Division 10D, respectively,

ATO documents that consider ITAA 1936 s 42-15 and 42-18, and Divisions 42 and 43 of the Act, to which this Determination refers, express the same ideas as subsection 54(1), sections 55 and 56, and Division 10D, respectively,

1 document

TD 97/24currentTD

Income tax: what types of accommodation units used in a caravan/tourist park business can a taxpayer depreciate under section 42-15 of the Income Tax Assessment Act 1997 ('the Act') and what depreciation rates should the taxpayer use?