INCOME TAX ASSESSMENT ACT 1997 - SECT 118.197 Special rule for surviving joint tenant

INCOME TAX ASSESSMENT ACT 1997 - SECT 118.197

    This Subdivision applies to you as if the * ownership interest of another individual in a * dwelling had * passed to you as a beneficiary in a deceased estate if:

  (a)   you and the other individual owned ownership interests in the dwelling as joint tenants; and

  (b)   the other individual dies.