Income Tax Assessment Act 1997
View history note
Hide history noteIf CGT event A1 is the giving of a gift of property by you for which a valuation under section 30-212 is obtained, you may choose that the *capital proceeds from the event are replaced with the value of the property as determined under the valuation.
116-100(2)
You can only make this choice if the valuation was made no more than 90 days before or after the CGT event.
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