Income Tax Assessment Act 1997

CHAPTER 3 - SPECIALIST LIABILITY RULES  

PART 3-1 - CAPITAL GAINS AND LOSSES: GENERAL TOPICS  

Division 108 - CGT assets  

Subdivision 108-D - Separate CGT assets  

Operative provisions

SECTION 108-80  

108-80   Deciding if capital improvements are related to each other  
In deciding whether capital improvements are related to each other, the factors to be considered include:

(a) the nature of the * CGT asset to which the improvements are made; and

(b) the nature, location, size, value, quality, composition and utility of each improvement; and

(c) whether an improvement depends in a physical, economic, commercial or practical sense on another improvement; and

(d) whether the improvements are part of an overall project; and

(e) whether the improvements are of the same kind; and

(f) whether the improvements are made within a reasonable period of time of each other.