Tax Laws Amendment (2006 Measures No. 1) Act 2006 (32 of 2006)
Schedule 1 Foreign source income exemptions for temporary residents
Part 2 Other amendments
Income Tax Assessment Act 1997
25 Section 112-87 (after table item 1)
Insert:
|
1A |
A temporary resident ceases to be a temporary resident (but remains, at that time, an Australian resident) |
First element of cost base and reduced cost base |
768-955 |