Income Tax Assessment Act 1997
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| Effect of an individual dying | |||
| Item | In this situation: | Element affected: | See section: |
| 1 | CGT asset devolves to the legal personal representative | First element of cost base and reduced cost base | 128-15 |
| . | |||
| 2 | CGT asset passes to a beneficiary | First element of cost base and reduced cost base | 128-15 |
| . | |||
| 3 | CGT asset passes to a trustee of a complying superannuation entity | First element of cost base and reduced cost base | 128-25 |
| . | |||
| 4 | Surviving joint tenant acquires deceased joint tenant's interest in CGT asset | First element of cost base and reduced cost base | 128-50 |
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