Commonwealth Consolidated Acts

[Index] [Table] [Search] [Search this Act] [Notes] [Noteup] [Previous] [Next] [Download] [Help]

INCOME TAX ASSESSMENT ACT 1997 - SECT 149.75

Cost base elements of asset that stops being a pre - CGT asset

  (1)   This section affects the * cost base and * reduced cost base of the asset if it stops being a * pre - CGT asset.

  (2)   The first element of each is the asset's * market value at the time referred to in subsection   149 - 70(2).



AustLII: Copyright Policy | Disclaimers | Privacy Policy | Feedback