INCOME TAX ASSESSMENT ACT 1997 - SECT 112.60 Bonus shares or units
INCOME TAX ASSESSMENT ACT 1997 - SECT 112.60
Bonus shares or units
Bonus shares or units | |||
Item | In this situation: | Element affected: | See section: |
1 | A company issues you with bonus shares | First element of cost base and reduced cost base | 130 - 20 |
2 | A unit trust issues you with bonus units | First element of cost base and reduced cost base | 130 - 20 |