Private ruling: Capital expenditure deduction
Date of advice: 10 March 2016
Published: May 2016
Ruling period: 1 July 20XX to 30 June 20XX
Date scheme commenced: Income year ended 30 June 20XX

Ruling: Q1: Is the particular landscaping expenditure identified deductible under section 40-880 of the ITAA 1997? | A1: Yes.


Relevant legislative provisions: Income Tax Assessment Act 1997 Section 6-5 | Income Tax Assessment Act 1997 Section 8-1 | Income Tax Assessment Act 1997 Section 15-5 | Income Tax Assessment Act 1997 Section 25-40 | Income Tax Assessment Act 1997 Division 40 | Income Tax Assessment Act 1997 Subsection 40-25 | Income Tax Assessment Act 1997 Subsection 40-30(1) | Income Tax Assessment Act 1997 Division 43 | Income Tax Assessment Act 1997 Paragraph 43-70(2)(d) | Income Tax Assessment Act 1997 Section 40-880 | Income Tax Assessment Act 1997 Subsection 40-880(1) | Income Tax Assessment Act 1997 Subsection 40-880(2) | Income Tax Assessment Act 1997 Paragraph 40-880(2)(a) | Income Tax Assessment Act 1997 Subsection 40-880(3) | Income Tax Assessment Act 1997 S ubsection 40-880(4) | Income Tax Assessment Act 1997 Subsection 40-880(5) | Income Tax Assessment Act 1997 Paragraph 40-880(5)(a) | Income Tax Assessment Act 1997 Paragraph 40-880(5)(b) | Income Tax Assessment Act 1997 Paragraph 40-880(5)(c) | Income Tax Assessment Act 1997 Paragraph 40-880(5)(d) | Income Tax Assessment Act 1997 Paragraph 40-880(5)(e) | Income Tax Assessment Act 1997 Paragraph 40-880(5)(f) | Income Tax Assessment Act 1997 Paragraph 40-880(5)(g) | Income Tax Assessment Act 1997 Paragraph 40-880(5)(h) | Income Tax Assessment Act 1997 Paragraph 40-880(5)(i) | Income Tax Assessment Act 1997 Paragraph 40-880(5)(j) | Income Tax Assessment Act 1997 Subsection 40-880(6) | Income Tax Assessment Act 1997 Subsection 40-880(7) | Income Tax Assessment Act 1997 Subsection 40-880(8) | Income Tax Assessment Act 1997 Subsection 40-880(9) | Income Tax Assessment Act 1997 Division 110 | Income Tax Assessment Act 1997 Subsection 110-25(3) | Income Tax Assessment Act 1997 Subsection 110-25(A)


Subject: Capital expenditure deduction: The Commissioner issued a ruling on the application of section 40-880 of the Income Tax Assessment Act 1997 (ITAA 1997). In order to protect the privacy and commercial in-confidence components of this private binding ruling, the following summary is provided.