Income Tax (Transitional Provisions) Act 1997

CHAPTER 3 - SPECIALIST LIABILITY RULES  

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

Division 110 - Cost base and reduced cost base  

Subdivision 110-A - Cost base  

SECTION 110-35   110-35   Incidental costs  
Despite subsection 110-35(2) of the Income Tax Assessment Act 1997 , expenditure for professional advice about taxation incurred before 1 July 1989 does not form part of the cost base of a CGT asset.