Draft Taxation Determination
TD 2000/D16W - Withdrawal
Income tax: capital gains: if CGT event K6 happens in relation to pre-CGT shares you own in a company, what property do you refer to in calculating your capital gain under subsection 104-230(6) of the Income Tax Assessment Act 1997 ?
Please note that the PDF version is the authorised version of this draft ruling.
FOI status:may be released
Notice of Withdrawal
TD 2000/D16 outlines the property which is to be taken into account in calculating the capital gain under subsection 104-230(6) of the Income Tax Assessment Act 1997. This issue is now dealt with in draft Taxation Ruling TR 2004/D6 which issues today.
Commissioner of Taxation
23 June 2004