Pt 3-1 inserted by No 46 of 1998.
Div 104 inserted by No 46 of 1998.
SECTION 104-72 Reducing your capital gain under CGT event E4 if you are a trustee
(a) you are the trustee of another trust that is a *fixed trust and is not a *complying superannuation entity; and
(b) you are taken to have a *capital gain under paragraph 115-215(3)(b) or (c) (your notional gain) in respect of a corresponding trust gain (the trust gain); and
(c) some or all (the attributable amount) of the total of the non-assessable parts referred to in subsection 104-70(4) is attributable to proceeds from the trust gain.
(a) your notional gain; and
(b) the attributable amount.
S 104-72 substituted by No 168 of 2001 and inserted by No 89 of 2000.