G Did you make a gain, loss or transitional balancing adjustment from a financial arrangement subject to the TOFA rules?
Print X in the appropriate box at G.
Print X in the Yes box only if during the 2012–13 income year the fund:
- made an assessable gain or deductible loss under the TOFA rules (unless it was made only because the fund held a qualifying security)
- had an assessable or deductible amount from a transitional balancing adjustment as a result of making the transitional election for existing financial arrangements.
Print X in the No box if during the 2012–13 income year the fund:
- satisfies both of the following:
- the fund did not make an assessable gain or deductible loss under the TOFA rules
- the fund did not have an assessable or deductible amount from a transitional balancing adjustment as a result of making the transitional election for existing financial arrangements, or
- had an assessable gain or deductible loss under the TOFA rules only because the fund held a qualifying security to which the TOFA rules apply.
Find out about
- General information in the Guide to the taxation of financial arrangements (TOFA) rules