Income Tax Assessment Act 1997



Division 727 - Indirect value shifting affecting interests in companies and trusts, and arising from non-arm ' s length dealings  

Subdivision 727-G - The realisation time method  

Further exclusion for certain 95% services indirect value shifts if realisation time method must be used

SECTION 727-700   When 95% services indirect value shift is excluded  

If the * indirect value shift is a * 95% services indirect value shift, this Subdivision does not apply to a * realisation event that:

(a) happens to an * affected interest in the * losing entity that is owned by an entity (the owner ); and

(b) is covered by subsection 727-610(2) ;


(c) the conditions in section 727-705 are met for the indirect value shift; or

(d) the conditions in section 727-710 , 727-715 or 727-720 are met for the indirect value shift and for that realisation event.


An * indirect value shift is a 95% services indirect value shift if, and only if, to the extent of at least 95% of their total *market value, the * greater benefits consist entirely of:

(a) a right to have services that are covered by section 727-240 provided directly by the * losing entity to the * gaining entity; or

(b) services that are covered by section 727-240 and have been, are being, or are to be, so provided;

or both.

This section does not limit any other exclusion in this Subdivision or in Subdivision 727-C .


Disclaimer and notice of copyright applicable to materials provided by CCH Australia Limited

CCH Australia Limited ("CCH") believes that all information which it has provided in this site is accurate and reliable, but gives no warranty of accuracy or reliability of such information to the reader or any third party. The information provided by CCH is not legal or professional advice. To the extent permitted by law, no responsibility for damages or loss arising in any way out of or in connection with or incidental to any errors or omissions in any information provided is accepted by CCH or by persons involved in the preparation and provision of the information, whether arising from negligence or otherwise, from the use of or results obtained from information supplied by CCH.

The information provided by CCH includes history notes and other value-added features which are subject to CCH copyright. No CCH material may be copied, reproduced, republished, uploaded, posted, transmitted, or distributed in any way, except that you may download one copy for your personal use only, provided you keep intact all copyright and other proprietary notices. In particular, the reproduction of any part of the information for sale or incorporation in any product intended for sale is prohibited without CCH's prior consent.