INCOME TAX ASSESSMENT ACT 1997

CHAPTER 3 - SPECIALIST LIABILITY RULES  

PART 3-3 - CAPITAL GAINS AND LOSSES: SPECIAL TOPICS  

Division 152 - Small business relief  

Subdivision 152-A - Basic conditions for relief under this Division  

CGT concession stakeholder

SECTION 152-60   152-60   Meaning of CGT concession stakeholder  


An individual is a CGT concession stakeholder of a company or trust at a time if the individual is:


(a) a *significant individual in the company or trust; or


(b) a spouse of a significant individual in the company or trust, if the spouse has a *small business participation percentage in the company or trust at that time that is greater than zero.


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