Income Tax Assessment Act 1997
View history note
Hide history noteThe first element of the *cost base and *reduced cost base of a right to *dispose of a *share in a company that you *acquire as a result of *CGT event D2 happening to the company is the sum of:
(a) the amount that is included in your assessable income as ordinary income as a result of your acquisition of the right; and
(b) the amount (if any) that you paid to acquire the right.
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