Advice under development: Income tax: application of CGT rollover qualifying conditions when a rollover is part of a single arrangement that includes more than one CGT rollover.
Issue: Satisfying the conditions in Subdivision 122-A when part of a back-to-back rollover
Category: Capital gains tax
Type of advice: Draft Taxation Determination
Status: Under development
Expected completion: To be advised
Purpose: This draft Determination will consider how the CGT provisions apply in circumstances where there are back-to-back CGT rollovers claimed under both Subdivisions 122-A and 124-M of the Income Tax Assessment Act 1997 .
Comments: The development of the draft Determination is currently on hold.