Income Tax Assessment Act 1997

CHAPTER 3 - SPECIALIST LIABILITY RULES  

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

Division 104 - CGT events  

Subdivision 104-K - Other CGT events  

SECTION 104-270   Foreign hybrids: CGT event K12  

104-270(1)    
CGT event K12 happens if, in accordance with paragraph 830-50(2)(b) or (3)(b), you make a *capital loss under this section for an income year.

104-270(2)    
The time of the event is just before the end of the income year.

104-270(3)    
You make a capital loss equal to the amount applicable under paragraph 830-50(2)(b) or (3)(b).