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

51   Subsection 995-1(1)

Insert:

deferred non-residential capital gain has the meaning given by subsection 102-6(3).

deferred residential capital gain has the meaning given by subsection 102-6(4).

non-residential capital gain has the meaning given by subsection 102-6(1).

residential capital gain has the meaning given by subsection 102-6(2).