Commonwealth Consolidated Acts

INCOME TAX ASSESSMENT ACT 1997 - SECT 115.55

                   Your * capital gain from a * CGT event is not a discount capital gain if it is affected by section 316-60 or 316-165.

Note:          Those sections affect capital gains involving the receipt of money as a result of the demutualisation of a friendly society health or life insurer.

Table of sections

115-100    What is the discount percentage for a discount capital gain