Income Tax Assessment Act 1997



Division 328 - Small business entities  

Subdivision 328-G - Restructures of small businesses  

Guide to Subdivision 328-G

SECTION 328-420   What this Subdivision is about  

There are tax-neutral consequences for a small business entity that restructures the ownership of the assets of the business, without changing the ultimate economic ownership of the assets.

Object of this Subdivision
328-425 Object of this Subdivision
Requirements of a roll-over under this Subdivision
328-430 When a roll-over is available
328-435 Genuine restructures - safe harbour rule
328-440 Ultimate economic ownership - discretionary trusts
328-445 Residency requirement
Consequences of a roll-over under this Subdivision
328-450 Small business transfers not to affect income tax positions
328-455 Effect of small business restructures on transferred cost of assets
328-460 Effect of small business restructures on acquisition times of pre-CGT assets
328-465 New membership interests as consideration for transfer of assets
328-470 Membership interests affected by transfers of assets
328-475 Small business restructures involving assets already subject to small business roll-over


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