Commonwealth Consolidated Acts

[Index] [Table] [Search] [Search this Act] [Notes] [Noteup] [Previous] [Next] [Download] [Help]

INCOME TAX ASSESSMENT ACT 1997 - SECT 115.5

What is a discount capital gain?

                   A discount capital gain is a * capital gain that meets the requirements of sections 115-10, 115-15, 115-20 and 115- 25.

Note:          Sections 115-40, 115- 45 and 775-70 identify capital gains that are not discount capital gains, despite this section.


AustLII: Copyright Policy | Disclaimers | Privacy Policy | Feedback