Senate debates Tax Laws Amendment (2008 Measures No. 5) Bill 2008

In Committee


Barnaby Joyce

Barnaby Joyce Queensland, National Party

9:27 pm

I am fascinated, because I can see the minister has a lot of advisers over there. I am wondering whether, because I think it might just be a conflict of definitions, he would explain to me what a depreciable asset is and whether depreciation is on income account or capital account.

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