Legislation

ITAA 1997 s 115-285(1)(d) denies a LIC a discount capital gain in certain circumstances where, if the LIC had been an individual, the gain would not have been a discount capital gain for the purposes of sections 115-40 and 115-45

ATO documents that consider ITAA 1997 s 115-285(1)(d) denies a LIC a discount capital gain in certain circumstances where, if the LIC had been an individual, the gain would not have been a discount capital gain for the purposes of sections 115-40 and 115-45