ITAA 1997 s 124-780(2)(a)

Capital gains tax: scrip for scrip roll over: member of wholly owned group of companies

CGT: scrip for scrip roll-over - single arrangement.

Income tax: capital gains: scrip for scrip roll-over: can a company (or a wholly-owned group of companies) 'become' the owner of 80% or more of the voting shares in another company (an original entity), in terms of paragraph 124-780(2)(a) of the Income Tax Assessment Act 1997 , as a result of an arrangement even if the company (or group) owned some of those shares before the arrangement?