Income tax: what is a 'distribution line' in the electricity distribution industry for the purposes of the expression 'depreciating assets' in section 40-100 of the Income Tax Assessment Act 1997 ?
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Notice of Withdrawal
Taxation Determination TD 2002/5 is withdrawn with effect from today.
1. TD 2002/5 explains what is considered to be a 'distribution line' in the electricity distribution industry for the purposes of the expression 'depreciating assets' in section 40-100 of the Income Tax assessment Act 1997 .
2. It is replaced by Draft Taxation Ruling TR 2017/D1 Income tax: composite items and identifying the depreciating asset for the purposes of working out capital allowances which issued today.
3. The arrangements dealt with in TD 2002/5 are now covered by TR 2017/D1.
4. It continues to apply to arrangements begun to be carried out before the withdrawal but does not apply to arrangements begun to be carried out after the withdrawal.
Commissioner of Taxation
18 January 2017
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Previously released as TD 2001/D16
Replaced by TR 2017/D1
Commissioner's effective life schedule
ITAA 1997 Div 40
ITAA 1997 40-30(4)
ITAA 1997 40-100(1)
ITAA 1997 40-100(4)
ITAA 1997 40-190
TAA 1953 Pt IVAAA