Legislation

ITAA 1997 s of the capital gain (if any) which is attributable to a currency exchange rate effect (subsection 775-40(4)

ATO documents that consider ITAA 1997 s of the capital gain (if any) which is attributable to a currency exchange rate effect (subsection 775-40(4)

1 document

TD 2006/D5 (Finalised)replacedTD · 2006

Income tax: where there is a disposal of foreign currency or a right to receive foreign currency and forex realisation event 1 happens, is the amount attributable to a currency exchange rate effect determined by subtracting the non-forex component of the capital gain (or loss) from the overall capital gain (or loss)?