Income Tax Assessment Act 1997

CHAPTER 3 - SPECIALIST LIABILITY RULES  

PART 3-1 - CAPITAL GAINS AND LOSSES: GENERAL TOPICS  

Division 112 - Modifications to cost base and reduced cost base  

Subdivision 112-B - Finding tables for special rules  

SECTION 112-77   Exchangeable interests  



Exchangeable interests
Item In this situation: Element affected: See section:
1 You acquire shares in a company in exchange for the disposal of an exchangeable interest, and the disposal of the exchangeable interest was to: First element of cost base and reduced cost base 130-105
(a) the issuer of the exchangeable interest; or
(b) a connected entity of the issuer of the exchangeable interest
2 You acquire shares in a company in exchange for the redemption of an exchangeable interest First element of cost base and reduced cost base 130-105


 

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