Taxation Determination

TD 95/30W

Income tax: capital gains: what are the CGT consequences for a shareholder if a company subdivides ('splits') or consolidates its share capital?

• Please note that the PDF version is the authorised version of this withdrawal notice.
  This Determination has been replaced by TD 2000/10
  This document incorporates revisions made since original publication. View its history and amending notices, if applicable.

FOI status:

Notice of Withdrawal

Taxation Determination TD 95/30 is withdrawn with effect from today. The Determination has been rewritten to update it with the rewritten income tax law in the 1997 Act and with recent Corporations Law changes.

It is replaced by Taxation Determination TD 2000/10 which issued today.

Commissioner of Taxation
15 March 2000

Previously issued as Draft TD 94/D81.

References

ATO references:
NO CGT Cell (CGDET 102); NAT 95/4279-5

Related Rulings/Determinations:

TR 94/30

Subject References:
cancellation
consolidation
redemption
roll-over
shares
splits
subdivision

Legislative References:
Corporations Law 193
ITAA 25(1)
ITAA 51(1)
ITAA 160M(3)(c)
ITAA 160ZH(12)
ITAA 160ZH(13)
ITAA 160ZZP