Tax Laws Amendment (2008 Measures No. 2) Act 2008 (38 of 2008)
Schedule 1 Amounts misappropriated by an employee or agent
Part 2 Capital gains and losses
Income Tax Assessment Act 1997
10 At the end of section 116-10 (before the note)
Add:
(7) The sixth relates to misappropriation by an employee or agent. It is relevant if your employee or agent misappropriates all or part of the capital proceeds from a CGT event.
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