Tax Laws Amendment (2006 Measures No. 7) Act 2007 (55 of 2007)
Schedule 1 Small business relief for CGT events
Income Tax Assessment Act 1997
19 Section 152-5
Omit “The small business concessions (apart from small business roll-overs and the small business retirement exemption) are not available for CGT events J2 and J3.”, substitute “There are limitations on the availability of the small business concessions for CGT events J2, J5 and J6.”.
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