Notice Type
Notice Title

Notice of Determination of Tax Depreciation Rates

1. This is a notice made under section 91AAK of the Tax Administration Act 1994 of a depreciation determination issued by the Commissioner of Inland Revenue under section 91AAF of that Act.
2. “Determination DEP54: Tax Depreciation Rates
General Determination Number 54” sets the new economic depreciation rates for assets (other than buildings) acquired on or after 1 April 2005, and
for buildings acquired on or after 19 May 2005. It
was signed on 27 April 2006, and will appear in
Inland Revenue’s Tax Information Bulletin, Vol. 18, No. 5, of June 2006.
3. A copy of the determination may be obtained by writing to the Manager, Field Liaison & Communication (Adjudication & Rulings), National Office, Inland Revenue, P.O. Box 2198, Wellington.
MARGARET C. SMITH, Manager, Field Liaison
& Communication (Adjudication & Rulings).