Income Tax Assessment Act 1997

CHAPTER 3 - SPECIALIST LIABILITY RULES  

PART 3-95 - VALUE SHIFTING  

Division 727 - Indirect value shifting affecting interests in companies and trusts, and arising from non-arm ' s length dealings  

Subdivision 727-G - The realisation time method  

95% services indirect value shifts that are not excluded

SECTION 727-725  

727-725   Meaning of predominantly-services indirect value shift  

An ^* indirect value shift is a predominantly-services indirect value shift if, and only if, the ^* greater benefits consist entirely or predominantly of:

(a) a right to have services that are covered by section 727-240 provided directly by the ^* losing entity to the ^* gaining entity; or

(b) services that are covered by section 727-240 and have been, are being, or are to be, so provided;

or both.