s 104-25
In forceCancellation, surrender and similar endings
Chapter 3Specialist liability rules
Part 3-1Capital gains and losses: general topics
Division 104CGT events
Subdivision 104-CEnd of a CGT asset
104-25 Cancellation, surrender and similar endings
The capital proceeds from an ending referred to in subsection 104‑25(3) of the Income Tax Assessment Act 1997 in relation to shares are reduced by any amount that was taken into account as a capital gain for the shares under former section 160ZL of the Income Tax Assessment Act 1936 for the 1997‑98 income year or an earlier income year.
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