New Business Tax System (Taxation of Financial Arrangements) Act (No. 1) 2003 (133 of 2003)
Schedule 4 Foreign currency
Part 1 Amendments
Income Tax Assessment Act 1997
56 Section 136-10 (after table item relating to CGT event K8)
Insert:
|
K10 |
You make a forex realisation gain covered by item 1 of the table in subsection 775-70(1) |
the CGT asset mentioned in that item |
1 to 9 |
|
K11 |
You make a forex realisation loss covered by item 1 of the table in subsection 775-75(1) |
the CGT asset mentioned in that item |
1 to 9 |