Tax and Superannuation Laws Amendment (2015 Measures No. 6) Act 2016 (10 of 2016)
Schedule 1 CGT treatment of earnout rights
Part 5 Amendments relating to foreign resident capital gains withholding payments
Taxation Administration Act 1953
40 Subparagraph 14-200(3)(a)(i) in Schedule 1
Repeal the subparagraph, substitute:
(i) the first element of the *CGT asset's *cost base just after the *acquisition, ignoring paragraphs 112-36(1)(b) and (c) of the Income Tax Assessment Act 1997 (about the effect of look-through earnout rights); less
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