Document ID: chunk:federal_register_of_legislation:F2022C01160:reg:10
Version: federal_register_of_legislation:F2022C01160
Segment Type: reg
Provision Reference: reg 10
Character Range: 43903–44786

10                            United Kingdom            Ordinary capital gains in respect of shares in companies if:                                                        a company that is treated as a resident of the United Kingdom for the purposes of the tax law of the United Kingdom                              not subject to tax in the United Kingdom in a tax accounting period as a consequence of the substantial shareholding exemption available under the tax law of the United Kingdom
                                                        (a) the CGT assets of the companies; or
                                                        (b) the underlying CGT assets of the companies held through one of more non‑resident entities that are associates;
                                                        include CGT assets having the necessary connection with Australia