INCOME TAX ASSESSMENT ACT 1997
A small business roll-over allows you to defer the making of a capital gain from a CGT event happening in relation to one or more small business assets if the basic conditions in Subdivision 152-A are satisfied for the gain.
You may choose not to apply the concession in section 152-205 (small business 50% reduction) before this one. For an additional exemption, see also Subdivision 152-D (small business retirement exemption).
|152-405||(Repealed by No 55 of 2007)|
|152-410||When you can obtain the roll-over|
|152-415||What the roll-over consists of|
|152-420||Rules where an individual who has obtained a roll-over dies|
|152-425||(Repealed by No 55 of 2007)|
|152-430||15-year rule has priority|