Legislation

ITAA 1997 s 40-45(2) of the IT(TP)A 1997 provides that the taxpayer will work out the decline in value using the same basis ( that is, using the same calculation method, cost, and effective life) as they did under the former Division 373

ATO documents that consider ITAA 1997 s 40-45(2) of the IT(TP)A 1997 provides that the taxpayer will work out the decline in value using the same basis ( that is, using the same calculation method, cost, and effective life) as they did under the former Division 373

1 document

ATO ID 2003/615 (Withdrawn)withdrawnATO ID · 2003

Capital Allowances: opening adjustable value of an item of intellectual property