QB 21/05
Issued
22 Jun 2021

The application date for the depreciation of commercial buildings

This question we’ve been asked clarifies when the new rules providing for the depreciation of commercial buildings apply from.

Tax Information Bulletin Vol 33 No 7 – August 2021

COVID-19 Response (Taxation and Social Assistance Urgent Measures) Act 2020 – ss 2, 4, 5, 6, 7, 10, 11, 12, 13, 14, 29(2) and (4) to (8), 30 and 39
Income Tax Act – s EE 31 and YE 1
Interpretation Act 1999 – s 8