Income Tax Assessment Act 1997
CHAPTER 3 - SPECIALIST LIABILITY RULES PART 3-3 - CAPITAL GAINS AND LOSSES: SPECIAL TOPICS
you dispose of a CGT asset, or all the assets of a business, to a company in which you own all the shares; or
you create a CGT asset in such a company; or
all the partners in a partnership dispose of partnership property to a company in which they own all the shares; or
the partners create a CGT asset in such a company.
Division 122 - Roll-over for the disposal of assets to, or the creation of assets in, a wholly-owned company
Guide to Division 122 SECTION 122-1 What this Division is about
A roll-over can delay the making of a capital gain or loss if:
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