Income Tax Assessment Act 1997

CHAPTER 3 - SPECIALIST LIABILITY RULES

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

Division 112 - Modifications to cost base and reduced cost base

Subdivision 112-B - Finding tables for special rules

SECTION 112-87 Residency

View history reference

Residency
Item	In this situation:	Element affected:	See section:
1	An individual or company becomes an Australian resident (but not a temporary resident)	First element of cost base and reduced cost base	855-45
.
1A	A temporary resident ceases to be a temporary resident (but remains, at that time, an Australian resident)	First element of cost base and reduced cost base	768-955
.
2	A trust becomes a resident trust for CGT purposes	First element of cost base and reduced cost base	855-50