Income Tax Assessment Act 1997
The *CGT asset ' s AMIT cost base net amount for the income year is:
(a) if the CGT asset ' s *AMIT cost base reduction amount for the income year exceeds the CGT asset ' s *AMIT cost base increase amount for the income year - the amount of the excess; or
(b) if the CGT asset ' s AMIT cost base reduction amount for the income year falls short of the CGT asset ' s AMIT cost base increase amount for the income year - the amount of the shortfall.
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