Income tax: capital gains: how does Part IIIA of the Income Tax Assessment Act 1936 operate if all or part of a liquidator's final distribution is deemed by subsection 47(1) to be a dividend out of profits and therefore assessable income of a shareholder under subsection 44(1)?
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FOI status:may be releasedFOI number: I 1016119
Notice of Withdrawal
Commissioner of Taxation
7 November 2001
NO CGT Cell (CGDTLiq 4); NAT 94/8636-4
disposal of assets