Treasury Laws Amendment (Tax Reform No. 1) Act 2026 (49 of 2026)

Schedule 1   CGT adjustments

Part 1   Main amendments

Income Tax Assessment Act 1997

38   At the end of subsection 115-210(1)

Add:

Note: This Subdivision has an extended application under Subdivision 115-CA (about trusts that would have net capital gains if indexation were disregarded).