Income Tax Assessment Act 1997

CHAPTER 4 - INTERNATIONAL ASPECTS OF INCOME TAX  

PART 4-5 - GENERAL  

Division 775 - Foreign currency gains and losses  

Subdivision 775-B - Realisation of forex gains or losses  

SECTION 775-27   775-27   Certain forex realisation gains are non-assessable non-exempt income  

Section 775-20 and 775-25 apply to a *forex realisation gain only if, had it been a *forex realisation loss, it would have been disregarded under section 775-35 .