Advice under development: Back-to-back CGT roll-overs and Part IVA of the Income Tax Assessment Act 1936
Issue: Back-to-back CGT rollovers
Category: Capital gains tax
Type of advice: Draft Practical Compliance Guideline
Status: Under development
Expected completion: Mid 2026
Purpose: This draft Guideline will explain when we are more likely to apply compliance resources to consider the application of Part IVA of the Income Tax Assessment Act 1936 (the general anti-avoidance provisions of the income tax law) to an arrangement that comprises multiple CGT rollovers.
Comments: The development of the proposed draft Taxation Determination intended to accompany this draft Guideline is on hold (see [4259] Satisfying the conditions in Subdivision 122-A when part of a back-to-back rollover ).