Income Tax Assessment Act 1936

PART III - LIABILITY TO TAXATION  

Division 10E - PDFs (pooled development funds)  

Subdivision C - Adjustments of the tax treatment of capital gains and capital losses of PDFs  

SECTION 124ZZ  

124ZZ   TREATMENT OF CAPITAL GAINS  

Nothing is to be included in the company's assessable income of the year of income under section 102-5 of the Income Tax Assessment Act 1997 (about net capital gains).