Skip to main content

Your shopping cart is empty

20 May 10 3 Addenda issued

On 19 May 2010, the ATO issued the following Addenda:

  • TD 96/19A1 - Income tax: capital gains: if a person (A): * improves a pre-CGT asset to which s 108-70(2) of the ITAA 1997 applies; and * disposes of the improved asset to A's spouse (B) under an order of the Court under the Family Law Act 1975 following marriage breakdown, how does s 126-5 of that Act apply: (i) to the disposal of the improved asset by A; and (ii) to any later disposal of the improved asset by B?
  • TD 96/21A1 - Income tax: capital gains: if after 19 September 1985 a taxpayer makes a capital improvement to a pre-CGT principal residence, and the improvement is deemed to be a separate asset under s 160P(6) of ITAA 1936 , is a disposal of that asset subject to the exemption for a principal place of residence?
  • TD 97/3A1 - Income tax: capital gains: if a parcel of land acquired after 19 September 1985 is subdivided into lots ('blocks'), does Part IIIA of ITAA 1936 treat a disposal of a block of the subdivided land as the disposal of part of an asset (the original land parcel) or the disposal of an asset in its own right (the subdivided block)?


Media Release Search
Eg. TD 2005/D52 ALL words EXACT phrase WITHOUT words Date range
From To