Document ID: chunk:federal_register_of_legislation:C2025C00029:section:2:p14
Version: federal_register_of_legislation:C2025C00029
Segment Type: section
Provision Reference: s 2 (pt 14/16)
Character Range: 7591376–7594622

parent of a non‑student child under 21 or student) notional tax offset
961‑65 Reductions to take account of change in circumstances
Division 974—Debt and equity interests
              Subdivision 974‑A—General
              Guide to Division 974
974‑1 What this Division is about
974‑5 Overview of Division
Operative provisions
974‑10 Object
Subdivision 974‑B—Debt interests
974‑15 Meaning of debt interest
974‑20 The test for a debt interest
974‑25 Exceptions to the debt test
974‑30 Providing a financial benefit
974‑35 Valuation of financial benefits—general rules
974‑40 Valuation of financial benefits—rights and options to terminate early
974‑45 Valuation of financial benefits—convertible interests
974‑50 Valuation of financial benefits—value in present value terms
974‑55 The debt interest and its issue
974‑60 Debt interest arising out of obligations owed by a number of entities
974‑65 Commissioner's power
Subdivision 974‑C—Equity interests in companies
974‑70 Meaning of equity interest in a company
974‑75 The test for an equity interest
974‑80 Equity interest arising from arrangement funding return through connected entities
974‑85 Right or return contingent on aspects of economic performance
974‑90 Right or return at discretion of company or connected entity
974‑95 The equity interest
Subdivision 974‑D—Common provisions
974‑100 Treatment of convertible and converting interests
974‑105 Effect of action taken in relation to interest arising from related schemes
974‑110 Effect of material change
974‑112 Determinations by Commissioner
Subdivision 974‑E—Non‑share distributions by a company
974‑115 Meaning of non‑share distribution
974‑120 Meaning of non‑share dividend
974‑125 Meaning of non‑share capital return
Subdivision 974‑F—Related concepts
974‑130 Financing arrangement
974‑135 Effectively non‑contingent obligation
974‑140 Ordinary debt interest
974‑145 Benchmark rate of return
974‑150 Schemes
974‑155 Related schemes
974‑160 Financial benefit
974‑165 Convertible and converting interests
Division 975—Concepts about companies
Subdivision 975‑A—General
975‑150 Position to affect rights in relation to a company
975‑155 When is an entity a controller (for CGT purposes) of a company?
975‑160 When an entity has an associate‑inclusive control interest
Subdivision 975‑G—What is a company's share capital account?
975‑300 Meaning of share capital account
Subdivision 975‑W—Wholly‑owned groups of companies
975‑500 Wholly‑owned groups
975‑505 What is a 100% subsidiary?
Division 976—Imputation
976‑1 Franked part of a distribution
976‑5 Unfranked part of a distribution
976‑10 The part of a distribution that is franked with an exempting credit
976‑15 The part of a distribution that is franked with a venture capital credit
Division 977—Realisation events, and the gains and losses they realise for income tax purposes
CGT assets
977‑5 Realisation event
977‑10 Loss realised for income tax purposes
977‑15 Gain realised for income tax purposes
Trading stock
977‑20 Realisation event
977‑25 Disposal of trading stock: loss realised for income tax purposes
977‑30 Ending of an income year: loss realised for income tax purposes
977‑35 Disposal of trading stock: gain realised for income tax purposes
977‑40 Ending of