Document ID: chunk:federal_register_of_legislation:C2025C00014:section:102aazb
Version: federal_register_of_legislation:C2025C00014
Segment Type: section
Provision Reference: s 102AAZB
Character Range: 769344–769770

102AAZB  General modifications—CGT
  For the purposes of applying this Act in calculating the attributable income of a trust estate, Parts 3‑1 and 3‑3 of the Income Tax Assessment Act 1997 (about CGT) apply as if:
 (a) sections 118‑12 (about assets used to produce non‑assessable income) and 855‑50 (about a trust becoming a resident trust) were disregarded; and
 (b) the trust estate were a resident trust for CGT purposes.