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

46   At the end of section 149-10

Add:

Note 2: A CGT asset will cease to be a pre-CGT asset on 1 July 2027 (see section 112-175).