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Schedule 39: Items for purposes of definition of special excluded depreciable property
or “List of special farming and food industry buildings that get different tax treatment”
or “List of special farming and food industry buildings that get different tax treatment”
You could also call this:
“List of special business items that had different value loss rules (no longer applies)”
This schedule is about items that are considered special excluded depreciable property. Depreciable property means things that lose value over time, like machines or buildings used for business.
Special excluded depreciable property is a specific type of depreciable property that has its own rules. This schedule would normally list the items that fall into this category.
However, this schedule has been repealed. This means it’s no longer part of the law and doesn’t apply anymore. The items that were once listed here are no longer considered special excluded depreciable property under the Income Tax Act 2007.
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Next up: Schedule 48: Enactments repealed
or “List of old tax laws and rules that are no longer in effect”