Legislation

ITAA 1997 s 275-105 made by the trustee of a managed investment trust that has not elected for capital account treatment will be treated as being on revenue account - see subsection 275-120(2)

ATO documents that consider ITAA 1997 s 275-105 made by the trustee of a managed investment trust that has not elected for capital account treatment will be treated as being on revenue account - see subsection 275-120(2)

2 documents

TD 2011/21currentTD · 2011

Income tax: does it follow merely from the fact that an investment has been made by a trustee that any gain or loss from the investment will be on capital account for tax purposes?

TD 2011/D1 (Finalised)replacedTD · 2011

Income tax: does it follow merely from the fact that an investment has been made by a trustee that any gain or loss from the investment will be on capital account?