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  • Foreign currency translation rules

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    This information may not apply to the current year. Check the content carefully to ensure it is applicable to your circumstances.

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    Taxation of foreign currency gains and losses is contained in Division 775 of the ITAA 1997. The foreign currency translation rules are contained in Subdivision 960-C of the ITAA 1997 (and the functional currency rules are contained in Subdivision 960-D of the ITAA 1997).

    For more information about the foreign currency translation rules, see:

    Last modified: 13 Feb 2019QC 22855