CGT event |
Time of event |
Capital gain |
Capital loss |
---|---|---|---|
J1 Company stops being a member of a wholly owned group after a roll-over |
when the company stops being a member of a wholly owned group after a roll-over |
market value of the asset at the time of the event less its cost base |
reduced cost base of the asset less that market value |
J2 Change in status of a CGT asset that was a replacement asset in a roll-over under Subdivision 152-E |
when the change in status happens |
the amount of the capital gain that you disregarded under Subdivision 152-E |
no capital loss |
J3 A change happens in circumstances where a share in a company or an interest in a trust was a replacement asset in a roll-over under Subdivision 152-E |
when the change in circumstances happens |
the amount of the capital gain that you disregarded under Subdivision 152-E |
no capital loss |
Reversal of roll-over
Last updated 5 October 2009
QC27417