Miscellaneous

A Generic Framework for Demutualisation of Non-Insurace Organisations - An Issues Paper

Author: Tax Policy & Research Division

Published Date: 1 Aug 1997

 

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It is proposed in the Issues Paper that for capital gains tax purposes, the cost base of shares issued to former members will equal the indexed costs incurred by members in acquiring and maintaining their mutual rights to the extent that the costs have not been allowable as a tax deduction.
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  • Published By:Tax Policy & Research Division
  • Published On:1 Aug 1997

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research critisism or review, as permitted under the copyright Act, no part may be rerpoduced by any process without written permission from The Tax Institute.

Unless expressly stated, opinions are not that of The Tax Institute, which accepts no responsibility for the accuracy of any of the information contained within it.

This material is copyright. Apart from any fair dealing for the purpose of private study., research, critisism or review, as permitted under teh copyright Act, no part may be reproduced by any process without written permission from The Tax Institute.

Unless expressly stated, opininons are not that of The Tax Institute, which accepts no responsibility for the accuracy of any of the information contained within it.

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