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  • Special rules for the cost base and reduced cost base
    Attention

    Warning:

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

    End of attention

    There are other rules that may affect the cost base or reduced cost base of an asset. For example, they are calculated differently:

    • when you first use your main residence to produce income after 20 August 1996 (see chapter 6)
    • for an asset that you receive as a beneficiary or as the legal personal representative of a deceased estate (see chapter 9)
    • for bonus shares or units, rights and options and convertible notes (see chapter 5), and
    • under a demerger for owners of the head entity (see chapter 5) and the demerged entity and for entities within the demerger group.
    Last modified: 25 Feb 2020QC 27448