INCOME TAX ASSESSMENT ACT 1997 - SECT 152.60 Meaning of CGT concession stakeholder
INCOME TAX ASSESSMENT ACT 1997 - SECT 152.60
Meaning of CGT concession stakeholderAn individual is a CGT concession stakeholder of a company or trust at a time if the individual is:
(a) a * significant individual in the company or trust; or
(b) a spouse of a significant individual in the company or
trust, if the spouse has a * small business participation percentage in the
company or trust at that time that is greater than zero.