Income Tax Assessment Act 1997

CHAPTER 3 - SPECIALIST LIABILITY RULES  

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

Division 112 - Modifications to cost base and reduced cost base  

Subdivision 112-B - Finding tables for special rules  

SECTION 112-77   Exchangeable interests  

Exchangeable interests
Item	In this situation:	Element affected:	See section:
1	You acquire shares in a company in exchange for the disposal of an exchangeable interest, and the disposal of the exchangeable interest was to:	First element of cost base and reduced cost base	130-105
	(a) the issuer of the exchangeable interest; or
	(b) a connected entity of the issuer of the exchangeable interest
2	You acquire shares in a company in exchange for the redemption of an exchangeable interest	First element of cost base and reduced cost base	130-105