Income Tax Assessment Act 1997
CHAPTER 3
-
SPECIALIST LIABILITY RULES
PART 3-1
-
CAPITAL GAINS AND LOSSES: GENERAL TOPICS
Division 118
-
Exemptions
Subdivision 118-B
-
Main residence
Basic case and concepts
SECTION 118-125 118-125 Meaning of ownership period
Your ownership period of a *dwelling is the period on or after 20 September 1985 when you had an *ownership interest in:
(a) the dwelling; or
(b) land (*acquired on or after 20 September 1985) on which the dwelling is later built.
View history note
Hide history noteSECTION 118-125 118-125 Meaning of ownership period
Your ownership period of a *dwelling is the period on or after 20 September 1985 when you had an *ownership interest in:
(a) the dwelling; or
(b) land (*acquired on or after 20 September 1985) on which the dwelling is later built.
This information is provided by CCH Australia Limited Link opens in new window. View the disclaimer and notice of copyright.