INCOME TAX ASSESSMENT ACT 1997 - SECT 152.220 You may choose not to apply this Subdivision
INCOME TAX ASSESSMENT ACT 1997 - SECT 152.220
You may choose not to apply this SubdivisionYou may choose not to apply the reduction mentioned in section 152 - 205 to a particular * capital gain.
Note: Making this choice might allow a company or trust to make larger
tax - free payments under the small business retirement exemption: see section
152 - 325.