New Business Tax System (Consolidation, Value Shifting, Demergers and Other Measures) Act 2002 (90 of 2002)
Schedule 15 Value shifting
Part 5 Dictionary amendments
Income Tax Assessment Act 1997
77 Subsection 995-1(1)
Insert:
realised for income tax purposes :
(a) a gain is realised for income tax purposes as provided in sections 977-15, 977-35, 977-40 and 977-55; and
(b) a loss is realised for income tax purposes as provided in sections 977-10, 977-25, 977-30 and 977-55.
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