Tax Laws Amendment (2011 Measures No. 7) Act 2011 (147 of 2011)
Schedule 1 Removing tax issues facing special disability trusts
Part 2 CGT exemption for assets transferred to special disability trusts
Income Tax Assessment Act 1997
8 Subsection 128-15(4) (after table item 3A)
Insert:
|
3B |
One that *passes to a trustee of a *special disability trust |
the *market value of the asset on the day you died |
the market value of the asset on the day you died |