Tax and Superannuation Laws Amendment (Norfolk Island Reforms) Act 2015 (53 of 2015)
Schedule 1 Income tax (including the Medicare levy)
Income Tax Assessment Act 1997
13 Section 112-97 (after table item 2)
Insert:
|
2AA |
CGT event happens to Norfolk Island asset |
First element of cost base and reduced cost base |
subsection 102-25(2) of the Income Tax (Transitional Provisions) Act 1997 |
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