INCOME TAX ASSESSMENT ACT 1997 - SECT 130.1 What this Division is about
INCOME TAX ASSESSMENT ACT 1997 - SECT 130.1
What this Division is aboutThis Division sets out the rules for these kinds of investments:
• bonus shares and units; and
• rights; and
• convertible interests; and
• shares acquired under an employee share scheme; and
• exchangeable interests; and
• exploration investments.
Most are about modifying the cost base and reduced cost base of a CGT asset.
130 - 15 Acquisition time and cost base of bonus equities
130 - 20 Issue of bonus shares or units