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Income Tax Act 2007

Timing and quantifying rules - Depreciation

EE 20: Application of sections EE 21 to EE 24

You could also call this:

“Rules for calculating depreciation loss using the pool method”

When you use the pool method to calculate depreciation loss, you need to follow the rules in sections EE 21 to EE 24. These sections tell you how to work out the amount of depreciation loss you have.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM1514559.

Topics:
Money and consumer rights > Taxes
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EE 19: Cost: fixed life intangible property, or

“How to calculate costs for fixed life intangible property”

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EE 21: Pool method: calculating amount of depreciation loss, or

“How to work out the yearly value loss for a group of depreciating items”

Part E Timing and quantifying rules
Depreciation

EE 20Application of sections EE 21 to EE 24

  1. Sections EE 21 to EE 24 apply to the calculation of the amount of depreciation loss that a person using the pool method has.

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