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Other special rules

Last updated 3 March 2016

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

  • if the asset is your main residence and you use it to produce income for the first time after 20 August 1996 (see chapter 6)
  • if you receive the asset 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)
  • under a demerger (see chapter 5), and
  • where you have been freed from paying a debt (see Debt forgiveness).