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  • Other special rules


    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 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).
    Last modified: 04 Mar 2016QC 27527