s 104-135
In forceCapital payment for shares
Chapter 3Specialist liability rules
Part 3-1Capital gains and losses: general topics
Division 104CGT events
Subdivision 104-GShares
104-135 Capital payment for shares
Subsection 104‑135(3) of the Income Tax Assessment Act 1997 also reduces the cost base and reduced cost base of a share to nil if an amount was taken into account as a capital gain for the share under former section 160ZL of the Income Tax Assessment Act 1936.
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