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dc.contributor.authorAllen, Christina
dc.date.accessioned2021-07-10T01:19:36Z
dc.date.available2021-07-10T01:19:36Z
dc.date.issued2021
dc.identifier.citationAllen, C. 2021. Statutory Depreciation Regimes for Intangible Assets. Australian Tax Forum: a journal of taxation policy, law and reform. 36 (2): pp. 131-159.
dc.identifier.urihttp://hdl.handle.net/20.500.11937/84397
dc.description.abstract

Currently, Australia’s uniform capital allowance system does not include a single mechanism for recognising the cost of intangible wasting assets. Instead, it has a number of separate and to some extent inconsistent regimes for different types of assets recognised by statute. It has been suggested that Australia should adopt a single mechanism to enable the tax system to accurately measure net income. However, implementing this suggestion would be ineffective without an in-depth understanding of the existing depreciation rules that apply to certain types of intangible assets. This article examines the history of the rules relating to four categories of depreciating assets and the policies underlying them: 1) rights and information in the resource industry; 2) intellectual property, other than trademarks, protected by statute; 3) in-house software; and 4) statutory or contractual rights relating to media and telecommunications. While these intangible wasting assets differ significantly, reviewing the depreciation rules for each category provides useful insights for building a new universal depreciation regime that can apply to all intangible wasting assets.

dc.titleStatutory Depreciation Regimes for Intangible Assets
dc.typeJournal Article
dcterms.source.volume36
dcterms.source.number2
dcterms.source.startPage131
dcterms.source.endPage159
dcterms.source.issn0812-695X
dcterms.source.titleAustralian Tax Forum: a journal of taxation policy, law and reform
dc.date.updated2021-07-10T01:19:35Z
curtin.note

First published with The Tax Institute. Reproduced with permission from the publisher.

curtin.departmentCurtin Law School
curtin.accessStatusOpen access
curtin.facultyFaculty of Business and Law
curtin.contributor.orcidAllen, Christina [0000-0001-6454-6131]


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