Statute
Section DB 20 — Income Tax Act 2007: Destruction of temporary building
Text of the provision Official document
DB 20 Destruction of temporary building Deduction (1) A person is allowed a deduction for a loss that they incur through the destruction of a temporary building. Link with subpart DA (2) This section supplements the general permission and overrides the capital limitation. The other general limitations still apply. Defined in this Act: capital limitation , deduction , general limitation , general permission , loss , supplement , temporary building , Compare: 2004 No 35 s DB 14
Official source: legislation.govt.nz
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