Income Tax Assessment Act 1997
|Item||In this situation:||Element affected:||See section:|
|1||A lessee incurs expenditure in obtaining the lessor's agreement to vary or waive a term of the lease||Fourth element of cost base and reduced cost base||132-1|
|2||A lessor pays an amount to the lessee for improvements made by the lessee to the property||Fourth element of cost base and reduced cost base||132-5|
|3||A lessor of a long-term lease incurs expenditure in obtaining the lessee's agreement to vary or waive a term of the lease or to forfeit or surrender the lease||Fourth element of cost base and reduced cost base||132-10|
|4||A lessee of land acquires the reversionary interest of the lessor||First element of cost base and reduced cost base||132-15|
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