ITAA 1997 s 775-40(2)

Income tax: for the purposes of Division 775 of the Income Tax Assessment Act 1997 , what forex realisation events happen to a creditor and a debtor, on the effective assignment by the creditor to a third party of a presently existing right to receive an amount under a foreign currency-denominated debt?

Income tax: for the purposes of Division 775 of the Income Tax Assessment Act 1997, what forex realisation events happen to a creditor and a debtor, on the effective assignment by the creditor to a third party of a presently existing right to receive an amount under a foreign currency-denominated debt?

Foreign exchange (Forex) gains and losses: determining that part of an overall capital gain under Forex Realisation Event 1 which is attributable to a currency exchange rate effect

Foreign exchange (Forex) gains and losses: determining that part of an overall capital loss under Forex Realisation Event 1 which is attributable to a currency exchange rate effect