Notice: Function add_shortcode was called incorrectly. Invalid shortcode name: Empty name given. Please see Debugging in WordPress for more information. (This message was added in version 4.4.0.) in /opt/bitnami/wordpress/wp-includes/functions.php on line 6121
Australian Parliament Considering Draft Bill Providing for Self-Assessment of Effective Life of Intangible Assets — Orbitax
OrbitaxOrbitax

Australian Parliament Considering Draft Bill Providing for Self-Assessment of Effective Life of Intangible Assets

|Proposed Changes|Australia
Australia

The Australian parliament is considering the Treasury Laws Amendment (Enhancing Tax Integrity and Supporting Business Investment) Bill 2022. The main tax measures of the bill concern the depreciation of intangible assets, which provide taxpayers with the choice to self assess the effective life of certain intangible depreciating assets they start to hold on or after 1 July 2023, rather than us…

Continue Reading