Tax Laws Amendment (2011 Measures No. 9) Act 2012 (12 of 2012)
Schedule 2 Capital gains tax and certain business restructures
Part 3 Roll-overs for change of incorporation
Division 2 Consequential amendments
Income Tax Assessment Act 1997
20 After section 112-53AA
Insert:
112-53AB Change of incorporation
|
Change of incorporation |
|||
|---|---|---|---|
|
Item |
In this situation: |
Element affected: |
See section: |
|
1 |
Shares in company that has changed its incorporation or has ownership not significantly different from that of a former body incorporated under another law |
First element of cost base and reduced cost base |
124-530 |