INCOME TAX ASSESSMENT ACT 1997 - SECT 420.53 Actual cost method of working out the value of units
INCOME TAX ASSESSMENT ACT 1997 - SECT 420.53
Actual cost method of working out the value of units The actual cost method for working out the value of the *
registered emissions units you * held at the end of the income year means that
the value of the units is the * cost of the units, and, for the purposes of
the application of this Subdivision to you for the income year, you must not
account for any of those units on a first - in first - out basis.