S 139DG repealed by No 133 of 2009, s 3 and Sch 1 item 18, applicable in relation to the ESS interests mentioned in subsections
Income Tax (Transitional Provisions) Act 1997
. S 139DG formerly read:
SECTION 139DG AMENDMENT OF ASSESSMENTS TO ACCOUNT FOR REDUCTIONS OF AMOUNTS INCLUDED IN ASSESSABLE INCOME
an amount has been included in a taxpayer's assessable income of a particular year of income; and
that amount is reduced or increased because of a change in the extent (if any) of the application of section
in relation to the amount during a subsequent year of income;
does not prevent the amendment of an assessment, for the purpose of giving effect to the reduction or increase, at any time during the period of 4 years starting immediately after the income year during which the period of employment or service relating to the acquisition of the share or right in question ends.
In paragraph (1)(b):
the reference to an amount being reduced includes a reference to the amount being reduced to a nil amount; and
the reference to an amount being increased includes a reference to the amount being increased from a nil amount.
S 139DG inserted by No 64 of 2005. For application provision, see note under definition of
eligible foreign remuneration
in s 23AF(18).