ITAA 1997 s 855-45(3)

Income tax: capital gains: does subsection 855-45(3) of the Income Tax Assessment Act 1997 prevent a taxpayer from making a choice that section 118-145 of that Act apply to an overseas dwelling that the taxpayer owned before becoming a resident of Australia?

CGT: non-resident becomes resident - assets in respect of which choice was made to treat as having the necessary connection with Australia

Capital Gains Tax: main residence exemption - interaction with non-resident provisions