A T O home
Legal Database
Search   
for 
 
Access the database 
Browse database
Searches  
View last document
Quick access 
View legislation
View a document
Email Cross Reference Material Previous/Next Section Contents Previous/Next Result
Printable version
Printable
version

INCOME TAX ASSESSMENT ACT 1997

CHAPTER 2 - LIABILITY RULES OF GENERAL APPLICATION  

PART 2-10 - CAPITAL ALLOWANCES: RULES ABOUT DEDUCTIBILITY OF CAPITAL EXPENDITURE  

Division 40 - Capital allowances    View history reference

Subdivision 40-J - Capital expenditure for the establishment of trees in carbon sink forests    View history reference

Operative provisions

SECTION 40-1020  

40-1020  Certain expenditure disregarded  

 View history reference
In working out a deduction under this Subdivision in relation to the establishment of trees, disregard expenditure incurred:


(a) in draining swamp or low-lying land; or


(b) in clearing land.


 



This information is provided by CCH Australia Limited. View the disclaimer and notice of copyright.
Top of page
More information on page