Income Tax Assessment Act 1997
CHAPTER 3
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SPECIALIST LIABILITY RULES
PART 3-1
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CAPITAL GAINS AND LOSSES: GENERAL TOPICS
A dwelling includes:
(a) a unit of accommodation that:
(b) a unit of accommodation that is a caravan, houseboat or other mobile home; and
(c) any land immediately under the unit of accommodation. 118-115(2)
However, except as provided in section 118-120 , a dwelling does not include any land adjacent to a building.
Division 118
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Exemptions
Subdivision 118-B
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Main residence
Basic case and concepts
SECTION 118-115
Meaning of
dwelling
118-115(1)
A dwelling includes:
(a) a unit of accommodation that:
(i) is a building or is contained in a building; and
(ii) consists wholly or mainly of residential accommodation; and
(b) a unit of accommodation that is a caravan, houseboat or other mobile home; and
(c) any land immediately under the unit of accommodation. 118-115(2)
However, except as provided in section 118-120 , a dwelling does not include any land adjacent to a building.
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