Your shopping cart is empty

The Federal Court (Pagone J) has held that the cost base of units acquired in 2007 by a consolidated group in reliance upon a roll-over governed by Division 122 of ITAA 1997 was to be determined at the date of acquisition deemed by s 122-70(3), namely, before 20 September 1985, and not at the actual date of acquisition referred to in s 110-25(2)(b) ITAA 1997. This meant that the cost base was only $1,560,649, rather than $30 million.

Financial Synergy Holdings Pty Ltd v FCT [2015] FCA 53 (9 February 2015)



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