ITAA 1997 s 152-420(4)

Capital gains tax: small business roll-over/ replacement active asset/ main residence

Income tax: consolidation: capital gains: if an entity makes a capital gain prior to becoming a subsidiary member of a consolidated group, can it choose to apply the small business replacement asset roll-over under Subdivision 152-E of the Income Tax Assessment Act 1997 if it acquires a replacement asset after it has joined the consolidated group?

Capital gains tax: Small business roll-over - car as a replacement asset