Income tax: capital gains: what is the improvement threshold for the 1999-2000 income year under section 108-85 of the Income Tax Assessment Act 1997?
Please note that the PDF version is the authorised version of this ruling.This document has changed over time. View its history.
FOI status:may be releasedFOI number: I 1019808
2. The improvement threshold is determined for the purposes of section 108-70 (about when a capital improvement to a pre-CGT asset is a separate asset) and section 108-75 (about capital improvements to CGT assets for which a roll-over may be available).
Commissioner of Taxation
9 June 1999
Not previously released in draft form
NO NAT 94/3384-8; NAT 95/4025-3