Document ID: chunk:federal_register_of_legislation:C2025C00029:section:115:p13
Version: federal_register_of_legislation:C2025C00029
Segment Type: section
Provision Reference: s 115 (pt 13/40)
Character Range: 6532843–6536091

counted
775‑70 Tax consequences of certain short‑term forex realisation gains
775‑75 Tax consequences of certain short‑term forex realisation losses
775‑80 You may choose not to have sections 775‑70 and 775‑75 apply to you
775‑85 Forex cost base of a right to receive foreign currency
775‑90 Forex entitlement base of a right to pay foreign currency
775‑95 Proceeds of assuming an obligation to pay foreign currency
775‑100 Net costs of assuming an obligation to receive foreign currency
775‑105 Currency exchange rate effect
775‑110 Constructive receipts and payments
775‑115 Economic set‑off to be treated as legal set‑off
775‑120 Non‑arm's length transactions
775‑125 CGT consequences of the acquisition of foreign currency as a result of forex realisation event 2 or 3
775‑130 Certain deductions not allowable
775‑135 Right to receive or pay foreign currency
775‑140 Obligation to pay or receive foreign currency
775‑145 Application of forex realisation events to currency and fungible rights and obligations
775‑150 Transitional election
775‑155 Applicable commencement date
775‑160 Exception—event happens before the applicable commencement date
775‑165 Exception—currency or right acquired, or obligation incurred, before the applicable commencement date
775‑168 Exception—disposal or redemption of traditional securities
775‑175 Application to things happening before commencement
              Subdivision 775‑C—Roll‑over relief for facility agreements
Guide to Subdivision 775‑C
775‑180 What this Subdivision is about
Operative provisions
775‑185 What is a facility agreement?
775‑190 What is an eligible security?
775‑195 You may choose roll‑over relief for a facility agreement
775‑200 Forex realisation event 4 does not apply
775‑205 What is a roll‑over?
775‑210 Notional loan
775‑215 Discharge of obligation to pay the principal amount of a notional loan under a facility agreement—forex realisation event 6
775‑220 Material variation of a facility agreement—forex realisation event 7
Subdivision 775‑D—Qualifying forex accounts that pass the limited balance test
Guide to Subdivision 775‑D
775‑225 What this Subdivision is about
Operative provisions
775‑230 Election to have this Subdivision apply to one or more qualifying forex accounts
775‑235 Variation of election
775‑240 Withdrawal of election
775‑245 When does a qualifying forex account pass the limited balance test?
775‑250 Tax consequences of passing the limited balance test
775‑255 Notional realisation when qualifying forex account starts to pass the limited balance test
775‑260 Modification of tax recognition time
Subdivision 775‑E—Retranslation for qualifying forex accounts
Guide to Subdivision 775‑E
775‑265 What this Subdivision is about
Operative provisions
775‑270 You may choose retranslation for a qualifying forex account
775‑275 Withdrawal of choice
775‑280 Tax consequences of choosing retranslation for an account
775‑285 Retranslation of gains and losses relating to a qualifying forex account—forex realisation event 8
Subdivision 775‑F—Retranslation under foreign exchange retranslation election under Subdivision 230‑D
Guide to Subdivision 775‑F
775‑290 What this Subdivision is about
775‑295 When this Subdivision applies
775‑300 Tax consequences of