Commonwealth Consolidated Acts

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INCOME TAX ASSESSMENT ACT 1997 - SECT 112.54

Demergers

 

Demergers

Item

In this situation:

Element affected:

See section:

1

There is a roll-over under Subdivision 125-B after a demerger

First element of cost base and reduced cost base of new interests and remaining original interests

125-80

2

There is a CGT event under a demerger but no roll-over under Subdivision 125-B

First element of cost base and reduced cost base of new interests and remaining original interests

125-85

3

There is a cost base adjustment under Subdivision 125-B but no CGT event under a demerger

First element of cost base and reduced cost base of new interests and remaining original interests

125-90



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