Commonwealth Consolidated Acts

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INCOME TAX ASSESSMENT ACT 1997 - SECT 126.1

What this Division is about

A same-asset roll-over allows a capital gain or loss an entity makes from disposing of a CGT asset to, or creating a CGT asset in, another entity to be disregarded. For a disposal, certain attributes of the asset are transferred to the receiving entity.

Table of sections

126-5        CGT event involving spouses

126-15      CGT event involving company or trustee

126-20      Subsequent CGT event happening to roll-over asset where transferor was a CFC or a non-resident trust

126-25      Conditions for the purposes of subsections 126-5(3A) and 126-15(5)



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