Commonwealth Consolidated Acts

INCOME TAX ASSESSMENT ACT 1997 - SECT 727.125

    An * indirect value shift has no consequences under this Division if the * losing entity is one of the following in relation to the income year in which the indirect value shift happens:

  (a)   a * complying superannuation entity;

  (b)   a * non - complying superannuation fund;

  (c)   a * non - complying approved deposit fund.

Table of sections

727 - 150   How to determine whether a scheme results in an indirect value shift

727 - 155   Providing economic benefits

727 - 160   When an economic benefit is provided in connection with a scheme

727 - 165   Preventing double - counting of economic benefits