Income Tax Assessment Act 1997

CHAPTER 3 - SPECIALIST LIABILITY RULES  

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

Division 108 - CGT assets  

Subdivision 108-C - Personal use assets  

SECTION 108-30  

108-30   Cost base of a personal use asset  

In working out the *cost base of a *personal use asset, disregard the third element (about the costs of ownership).