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INCOME TAX ASSESSMENT ACT 1997 - SECT 40.551 How you work out the decline in value for fencing assets

INCOME TAX ASSESSMENT ACT 1997 - SECT 40.551

How you work out the decline in value for fencing assets

    The decline in value of a * fencing asset for the income year in which you incurred the expenditure is the amount of capital expenditure you incurred on the construction, manufacture, installation or acquisition of the fencing asset.

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