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ATO Issues Release on Interaction of Tax Depreciation Incentives

|Approved Changes|Australia
Australia

The Australian Taxation Office (ATO) has issued a release on the interaction of different tax depreciation incentives.

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Interaction of tax depreciation incentives

In 2020 the government introduced measures to help businesses recover from the impacts of the coronavirus pandemic (COVID-19).

Eligible business entities may be looking at which tax depreciation incentive is right for them.

O…

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