CTHRepealedLegislation
Petroleum Resource Rent Tax Assessment Regulations 2005
33Capital costs incurred for a unit of property completed over several years
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## 33 Capital costs incurred for a unit of property completed over several years
(1) For Step 8 of the residual pricing method, this regulation applies to an included capital cost for the taxpayer that is incurred in relation to a unit of property that is constructed over a period of time and for which the last capital cost is incurred in a later financial year (the final cost year).
(2) The included capital cost is augmented for the number of calendar years between the start date for the included capital cost and the 1 January of the final cost year.