Income Tax Assessment Act 1997



Division 166 - Income tax consequences of changing ownership or control of a widely held or eligible Division 166 company  

Subdivision 166-E - Concessional tracing rules  

Application of this Subdivision

SECTION 166-220   166-220   Application of this Subdivision  

This Subdivision applies to a company (the tested company ) that is:

(a) a *widely held company at all times during the income year; or

(b) an *eligible Division 166 company at all times during the income year; or

(c) a widely held company for a part of the income year and an eligible Division 166 company for the rest of the income year.


See section 165-255 for the rule about incomplete income years.


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