Income Tax Assessment Act 1997

CHAPTER 3 - SPECIALIST LIABILITY RULES

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

Division 106 - Entity making the gain or loss

View history note

Guide to Division 106

SECTION 106-1 What this Division is about

This Division sets out the cases where a capital gain or loss is made by someone other than the entity to which a CGT event happens.

The entities affected are:

• partnerships (Subdivision 106-A);

• bankruptcy trustees and company liquidators (Subdivision 106-B);

• trustees where there is an absolutely entitled beneficiary (Subdivision 106-C);

• security holders (Subdivision 106-D).