CGT Determination Number 14
Capital Gains: Will payments made under Accident & Health Assurance policies be exempt from CGT?
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FOI status:may be releasedFOI number: I 1019041
Payments made to the holders of such policies in respect of personal injuries to themselves are regarded as "compensation" and will not give rise to either capital gains or losses (subsection 160ZB(1)).
Commissioner of Taxation
10 September 1991
NO N.O. 12.86/9579-2
Accident & Health Assurance policies;