Income Tax Assessment Act 1997

CHAPTER 3 - SPECIALIST LIABILITY RULES  

PART 3-1 - CAPITAL GAINS AND LOSSES: GENERAL TOPICS  

Division 112 - Modifications to cost base and reduced cost base  

Subdivision 112-B - Finding tables for special rules  

SECTION 112-55   Effect of you dying  

Effect of an individual dying
Item	In this situation:	Element affected:	See section:
1	CGT asset devolves to the legal personal representative	First element of cost base and reduced cost base	128-15
.
2	CGT asset passes to a beneficiary	First element of cost base and reduced cost base	128-15
.
3	CGT asset passes to a trustee of a complying superannuation entity	First element of cost base and reduced cost base	128-25
.
4	Surviving joint tenant acquires deceased joint tenant's interest in CGT asset	First element of cost base and reduced cost base	128-50