29 Mar 077 Can a company share be a convertible interest under s 974-75(1)? - TD 2007/D3This draft Taxation Determination was released on 28 March 2007 for public comment by 27 April 2007. Its full title is "Income tax: can a share in a company be a convertible interest by satisfying item 4 of the table in s 974-75(1) ITAA 1997?" The answer given is Yes.
For a copy of TD 2007/D3, go here