Tax Law Improvement Act (No. 1) 1998 (46 of 1998)
2 CGT (new Parts 3-1, 3-3 and 3-5)
2 Consequential amendment of the Income Tax Assessment Act 1997
48 After paragraph 387-490(2)(a)
Insert:
(ba) if a *net capital gain is or will be included in your assessable income for any income year - the part of the net capital gain that is attributable to a premium on the grant or assignment of the lease; or
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