Taxation Determination

TD 1999/65W

Income tax: capital gains: how do you calculate the cost base of a Wheat Industry Fund unit issued to a wheat levy payer from the Fund?

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Notice of Withdrawal

Taxation Determination TD 1999/65 is withdrawn with effect from today.

1. TD 1999/65 deals with the restructure of the Wheat Industry Fund (WIF), which was unitised in 1994. Specifically, it outlines the calculation of the cost base of a WIF unit for capital gains purposes.

2. TD 1999/65 has no ongoing relevance and is therefore withdrawn without replacement.

Commissioner of Taxation
20 December 2016

© AUSTRALIAN TAXATION OFFICE FOR THE COMMONWEALTH OF AUSTRALIA

You are free to copy, adapt, modify, transmit and distribute this material as you wish (but not in any way that suggests the ATO or the Commonwealth endorses you or any of your services or products).

Previously released as TD 1999/D26

References

ATO references:
NO 1-9N72KXS

Related Rulings/Determinations:

TD 1999/64

Subject References:
capital gains
capital gains tax
CGT cost base
CGT rollover
CGT retirement exemption
wheat growing

Legislative References:
ITAA36 Pt IIIA Div17-A
ITAA36 Pt IIIA Div17-B
ITAA97 Pt 3-1 Subdiv 118-F
ITAA97 Pt 3-3 Div 123