Income Tax Assessment Act 1997

Pt 3-1 inserted by No 46 of 1998.

Div 118 inserted by No 46 of 1998.

Subdiv 118-I inserted by No 10 of 2016, s 3 and Sch 1 item 4, applicable in relation to look-through earnout rights created on or after 24 April 2015. For transitional provision, see note under Subdiv 118-I . No 10 of 2016, s 3 and Sch 1 item 39 contains the following transitional provision:

39 Transitional - protection for anticipating announcement  
39(1)
Section 170B of the Income Tax Assessment Act 1936 also applies as if the following additional announcement were listed in the table in subsection (8) of that section:

14

Budget Paper No. 2, Budget Measures 2010-11, Part 1, topic headed " Capital gains tax - look-through treatment for earnout arrangements " .

11 May 2010

39(2)
Subsection 170B(3) and paragraph 170B(8)(b) of that Act also apply in relation to that announcement as if references in those provisions to 14 December 2013 were references to 23 April 2015.

S 118-575 inserted by No 10 of 2016, s 3 and Sch 1 item 4, applicable in relation to look-through earnout rights created on or after 24 April 2015. For transitional provision, see note under Subdiv 118-I heading.