Commonwealth Consolidated Acts

[Index] [Table] [Search] [Search this Act] [Notes] [Noteup] [Previous] [Next] [Download] [Help]

INCOME TAX ASSESSMENT ACT 1997 - SECT 315.25

Demutualising health insurers to disregard capital gains and losses related to demutualisation

    Disregard a * capital gain or * capital loss of an entity from a * CGT event if:

  (a)   the CGT event happened under a demutualisation to which this Division applies; and

  (b)   the entity is the demutualising health insurer.


AustLII: Copyright Policy | Disclaimers | Privacy Policy | Feedback