Tax Laws Amendment (2006 Measures No. 7) Act 2007 (55 of 2007)
Schedule 1 Small business relief for CGT events
Income Tax Assessment Act 1997
8 Section 104-5 (table item dealing with CGT event J2)
Repeal the item, substitute:
|
J2 Change in relation to replacement asset or improved asset after a roll-over under Subdivision 152-E [See section 104-185] |
when the change happens |
the amount mentioned in subsection 104-185(5) |
no capital loss |