Treasury Laws Amendment (Tax Reform No. 1) Act 2026 (49 of 2026)

Schedule 1   CGT adjustments

Part 2   Minimum rate of tax on capital gains

Income Tax Assessment Act 1997

54   Section 4-25

Omit "Subsection 392-35(3)" (first occurring), substitute "Subsection 119-10(1) or 392-35(3)".