Tax Laws Amendment (2004 Measures No. 7) Act 2005 (41 of 2005)

Schedule 10   Technical corrections and amendments

Part 1   Technical corrections and amendments commencing on Royal Assent

Income Tax Assessment Act 1997

71   Section 112-45 (after table item dealing with CGT event E1)

Insert:

E2

A CGT asset is transferred to a trust

First element of cost base and reduced cost base

104-60