ato logo
Search Suggestion:

TOFA rules apply instead of CGT rules

Last updated 3 July 2013

Where the TOFA rules determine there is a gain or loss from your financial arrangement that is a CGT asset, a capital gain or capital loss that is made from a CGT event is disregarded. In general, this does not apply for superannuation entities, where CGT remains the primary code for calculating gains and losses from financial arrangements.

QC28207