Document ID: chunk:federal_register_of_legislation:C2025C00029:section:18:p1
Version: federal_register_of_legislation:C2025C00029
Segment Type: section
Provision Reference: s 18 (pt 1/5)
Character Range: 1990833–1996506

18                       Entity ceases to be a subsidiary member of a consolidated group                                                                                                                       at the time it ceases                                 701‑40

Division 110—Cost base and reduced cost base

Table of Subdivisions
 Guide to Division 110
110‑A Cost base
110‑B Reduced cost base

Guide to Division 110

110‑1  What this Division is about
      This Division tells you how to work out the cost base and reduced cost base of a CGT asset. You need to know these to work out if you make a capital gain or loss from most CGT events.

Table of sections
110‑5 Modifications to general rules
110‑10 Rules about cost base not relevant for some CGT events

110‑5  Modifications to general rules
  After you have read the general rules, you need to know if there are any modifications to them. Division 112 lists each situation that may result in a modification and tells you where you can find the detailed provisions for each situation.

110‑10  Rules about cost base not relevant for some CGT events
  This table sets out each CGT event for which you do not need to know what the cost base or reduced cost base of a CGT asset is to work out if you make a capital gain or loss. The section describing the event tells you what amount is relevant instead.

Rules about cost base not relevant for some CGT events
Event number
                                                        Description of event:                                                                                                                        See section:
C3                                                      End of option to acquire shares etc.                                                                                                         104‑30
D1                                                      Creating contractual or other rights                                                                                                         104‑35
D2                                                      Granting an option                                                                                                                           104‑40
D3                                                      Granting a right to income from mining                                                                                                       104‑45
E9                                                      Creating a trust over future property                                                                                                        104‑105
F1                                                      Granting a lease                                                                                                                             104‑110
F3                                                      Lessor pays lessee to get lease changed                                                                                                      104‑120
F5                                                      Lessor receives payment for changing lease                                                                                                   104‑130
H1                                                      Forfeiture of deposit                                                                                                                        104‑150
H2                                                      Receipt for event relating to a CGT asset                                                                                                    104‑155
J5                                                      Failure to acquire replacement asset and to incur fourth element expenditure after a roll‑over                                               104‑197
J6                                                      Cost of acquisition of replacement asset or amount of fourth element expenditure, or both, not sufficient to cover disregarded capital gain  104‑198
K2                                                      Bankrupt pays amount in relation to debt                                                                                                     104‑210
K7                                                      Balancing adjustment event happens to depreciating asset                                                                                     104‑235
K9                                                      Carried interests                                                                                                                            104‑255
K10                                                     You make a forex realisation gain covered by item 1 of the table in subsection 775‑70(1)                                                     104‑260
K11                                                     You make a forex realisation loss covered by item 1 of the table in subsection 775‑75(1)                                                     104‑265
K12                                                     Foreign hybrid loss exposure adjustment                                                                                                      104‑270
L1                                                      Reduction under section 705‑57 in tax cost setting amount of assets of entity becoming subsidiary member of consolidated group or MEC group  104‑500
L2                                                      Amount remaining after step 3A etc. of joining allocable cost amount is negative