Legislation

ITAA 1997 s 701-55(5) that tax cost setting amount is taken to be the cost base of each membership interest for the purpose of applying Part 3-1 or 3-3

ATO documents that consider ITAA 1997 s 701-55(5) that tax cost setting amount is taken to be the cost base of each membership interest for the purpose of applying Part 3-1 or 3-3

1 document

ATO ID 2006/99currentATO ID · 2006

Consolidation: tax consequences on exit - restructure of membership interests supporting components of life insurance business