INCOME TAX ASSESSMENT ACT 1936 (ARCHIVE)
PART IIIA
-
CAPITAL GAINS AND CAPITAL LOSSES
Division 3A
-
Net capital gain or net capital loss of company in respect of year of income in which ownership or control of the company changed
SECTION 160ZNA
WHAT THIS DIVISION IS ABOUT
View history note
Hide history noteA company that has not had the same ownership and control during the year of income, and has not satisfied the same business test, works out its net capital gain or net capital loss in respect of the year of income under this Division.
The tests for finding out whether a company has maintained the same owners, and the same business test, are set out in Divisions 3B, 3C, 3CB, 3CC and 3CD.
This information is provided by CCH Australia Limited Link opens in new window. View the disclaimer and notice of copyright.