Development Allowance Authority
The Authority administers two investment incentive schemes designed to make the Australian economy more internationally competitive - the Development Allowance Scheme and the Infrastructure Borrowings Tax Offset Scheme. The Development Allowance Scheme provides a tax deduction of 10% of the value of an eligible investment, in addition to depreciation. The Infrastructure Borrowings Tax Offset Scheme provides a tax rebate for approved infrastructure to the resident infrastructure lenders. No applications have been called for since the Treasurer's announcement in the 2004 Federal Budget that the schemes were being phased out. As at 1 January 2009 the Commissioner of Taxation held this office.
Type of Body
E. Statutory Office Holder Offices and Committees
Established By / Under
Act / Regulation
Established By/Under More info
Development Allowance Authority Act 1992
Annual Report Prepared and tabled?
30 June 1992