Income Tax Assessment Act 1997

CHAPTER 3 - SPECIALIST LIABILITY RULES  

PART 3-1 - CAPITAL GAINS AND LOSSES: GENERAL TOPICS  

Division 115 - Discount capital gains and trusts ' net capital gains  

Subdivision 115-A - Discount capital gains  

What is a discount capital gain?

SECTION 115-5  

115-5   What is a discount capital gain ?  


A discount capital gain is a *capital gain that meets the requirements of sections 115-10 , 115-15 , 115-20 and 115-25 .
Note:

Sections 115-40 , 115-45 and 775-70 identify capital gains that are not discount capital gains, despite this section.


View surrounding sectionsView surrounding sectionsBack to top


This information is provided by CCH Australia Limited Link opens in new window. View the disclaimer and notice of copyright.