CGT and the TOFA rules

Last updated 31 August 2014

The key provisions of the TOFA rules are found in Division 230 of the ITAA 1997.

When will the TOFA rules affect an entity's tax return?

Which entities are affected?

Key impacts on CGT

TOFA and capital proceeds and cost base rules

TOFA rules apply instead of CGT rules

Hedging financial arrangements

QC39804