Document ID: chunk:federal_register_of_legislation:C2025C00029:section:7:p47
Version: federal_register_of_legislation:C2025C00029
Segment Type: section
Provision Reference: s 7 (pt 47/58)
Character Range: 2417472–2420541

of discretionary trust
152‑78 Trustee of discretionary trust may nominate beneficiaries to be controllers of trust
CGT event happens to asset or interest within 2 years of an individual's death
152‑80 CGT event happens to an asset or interest within 2 years of individual's death
Subdivision 152‑B—Small business 15‑year exemption
Guide to Subdivision 152‑B
152‑100 What this Subdivision is about
152‑105 15‑year exemption for individuals
152‑110 15‑year exemption for companies and trusts
152‑115 Continuing time periods for involuntary disposals
152‑125 Payments to company's or trust's CGT concession stakeholders are exempt
Subdivision 152‑C—Small business 50% reduction
Guide to Subdivision 152‑C
152‑200 What this Subdivision is about
152‑205 You get the small business 50% reduction
152‑210 You may also get the small business retirement exemption and small business roll‑over relief
152‑215 15‑year rule has priority
152‑220 You may choose not to apply this Subdivision
Subdivision 152‑D—Small business retirement exemption
Guide to Subdivision 152‑D
152‑300 What this Subdivision is about
152‑305 Choosing the exemption
152‑310 Consequences of choice
152‑315 Choosing the amount to disregard
152‑320 Meaning of CGT retirement exemption limit
152‑325 Company or trust conditions
152‑330 15‑year rule has priority
Subdivision 152‑E—Small business roll‑over
Guide to Subdivision 152‑E
152‑400 What this Subdivision is about
Operative provisions
152‑410 When you can obtain the roll‑over
152‑415 What the roll‑over consists of
152‑420 Rules where an individual who has obtained a roll‑over dies
152‑430 15‑year rule has priority
Part 3‑5—Corporate taxpayers and corporate distributions
Division 160—Corporate loss carry back tax offset for 2020‑21, 2021‑22 or 2022‑23 for businesses with turnover under $5 billion
Guide to Division 160
160‑1 What this Division is about
Subdivision 160‑A—Entitlement to and amount of loss carry back tax offset
160‑5 Entitlement to loss carry back tax offset
160‑10 Amount of loss carry back tax offset
Subdivision 160‑B—Loss carry back choice
160‑15 Loss carry back choice
160‑16 Changing a loss carry back choice
160‑20 Entity must have had turnover less than $5 billion for loss year
160‑25 Entity must have been a corporate tax entity during relevant years
160‑30 Transferred tax losses, income tax liabilities etc. not included
160‑35 Integrity rule—no loss carry back tax offset if scheme entered into
Division 164—Non‑share capital accounts for companies
Guide to Division 164
164‑1 What this Division is about
Operative provisions
164‑5 Object
164‑10 Non‑share capital account
164‑15 Credits to non‑share capital account
164‑20 Debits to non‑share capital account
Division 165—Income tax consequences of changing ownership or control of a company
Guide to Division 165
165‑1 What this Division is about
Subdivision 165‑A—Deducting tax losses of earlier income years
Guide to Subdivision 165‑A
165‑5 What this Subdivision is about
Operative provisions
165‑10 To deduct a tax loss
165‑12 Company must maintain the same owners