INCOME TAX ASSESSMENT ACT 1997

CHAPTER 3 - SPECIALIST LIABILITY RULES  

PART 3-1 - CAPITAL GAINS AND LOSSES: GENERAL TOPICS  

Division 112 - Modifications to cost base and reduced cost base  

Subdivision 112-B - Finding tables for special rules  

SECTION 112-53   Scrip for scrip roll-over  



Scrip for scrip roll-over
Item In this situation: Element affected: See section:
1 Interest is acquired by an entity where there is a roll-over under Subdivision 124-M and there is a significant or common stakeholder under an arrangement First element of cost base and reduced cost base 124-782
.
2 Equity or debt is acquired by a member of a wholly-owned group under that arrangement from another member of the group First element of cost base and reduced cost base 124-784
.
2A Interest is acquired by an entity where there is a roll-over under Subdivision 124-M and the arrangement is taken to be a restructure First element of cost base and reduced cost base 124-784B
.
3 You exchange an interest you acquired before 20 September 1985 for an interest in another entity The total cost base and reduced cost base 124-800


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