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 112-45   CGT events  



CGT events
Event number In this situation: Element affected: See section:
D4 A conservation covenant is entered into over land The total cost base and reduced cost base 104-47
.
E1 A trust is created over a CGT asset First element of cost base and reduced cost base 104-55
.
E2 A CGT asset is transferred to a trust First element of cost base and reduced cost base 104-60
.
E4 A trustee makes a capital payment to you in relation to units or an interest in the trust The total cost base and reduced cost base 104-70
.
F4 A lessee receives payment for changing lease The total cost base 104-125
.
G1 A company makes a capital payment to you in relation to your shares The total cost base and reduced cost base 104-135
.
G2 (Repealed by No 90 of 2002)
.
G3 A liquidator or administrator declares shares or financial instruments to be worthless The total cost base and reduced cost base 104-145
.
J4 Trust fails to cease to exist after a roll-over under Subdivision 124-N First element of cost base and reduced cost base 104-195
.
K1 (Repealed by No 77 of 2001)
.
K8 Direct value shifts affecting your equity or loan interests in a company or trust The total cost base and reduced cost base Subdivision 725-D


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