Treasury Laws Amendment (Tax Reform No. 1) Act 2026 (49 of 2026)
Schedule 1 CGT adjustments
Part 1 Main amendments
Income Tax Assessment Act 1997
40 Paragraph 115-215(4)(a)
Omit "if the relevant trust gain was reduced under step 3 of the method statement in subsection 102-5(1) - ", substitute "if the relevant trust gain is a *discount capital gain (disregarding section 115-20) - ".
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