Commonwealth Consolidated Acts

[Index] [Table] [Search] [Search this Act] [Notes] [Noteup] [Previous] [Next] [Download] [Help]

INCOME TAX (TRANSITIONAL PROVISIONS) ACT 1997 - SECT 355.610

Core technology that is not a depreciating asset

                   If the core technology is not a depreciating asset, you can deduct the undeducted expenditure in equal proportions over a period of 5 income years starting in the first income year commencing on or after 1 July 2011 .

Table of sections

355-720    Certain related amounts may be reduced if notional deductions exceeded $100 million



AustLII: Copyright Policy | Disclaimers | Privacy Policy | Feedback