INCOME TAX ASSESSMENT ACT 1997 - SECT 727.875 Application to CGT asset that is also trading stock or revenue asset

INCOME TAX ASSESSMENT ACT 1997 - SECT 727.875

    If an * equity or loan interest is also an item of * trading stock or a * revenue asset, this Subdivision applies to the interest once in its character as a CGT asset and again in its character as trading stock or a revenue asset.

Table of sections

727 - 905   How this Subdivision affects the rest of this Division

727 - 910   Treatment of value shifted under the direct value shift