CTHRepealedLegislation
Income Tax Assessment (1936 Act) Regulation 2015
14Amendment of assessments
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14 Amendment of assessments
For a provision of the table in subsection 170(1) of the Act mentioned in column 1 of an item of the following table, the circumstance set out in column 2 of the item is prescribed in relation to amending an assessment of an entity (the assessed entity) for a year of income (the assessment year).
Note: If a circumstance in an item of the table exists, the Commissioner may amend the assessment within 4 years after the day on which the Commissioner gives notice of the assessment to the assessed entity, unless a longer amendment period applies.
<table cellspacing="0" cellpadding="0" style="width:100%; border-collapse:collapse"><thead><tr><td colspan="3" style="border-top:1.5pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"><p class="TableHeading"><span>Amendment circumstances</span></p></td></tr><tr><td style="width:10.14%; border-top:0.75pt solid #000000; border-bottom:1.5pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"><p class="TableHeading"><span>Item</span></p></td><td style="width:27.9%; border-top:0.75pt solid #000000; border-bottom:1.5pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"><p class="TableHeading"><span>Column 1</span></p><p class="TableHeading"><span>Provision of the table in subsection</span><span> </span><span>170(1) of the Act</span></p></td><td style="width:61.96%; border-top:0.75pt solid #000000; border-bottom:1.5pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"><p class="TableHeading"><span>Column 2</span></p><p class="TableHeading"><span>Circumstance</span></p></td></tr></thead><tbody><tr style="height:1pt"><td style="width:10.14%; border-top:1.5pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"><p class="Tabletext"><span>1</span></p></td><td style="width:27.9%; border-top:1.5pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"><p class="Tablea"><span>(a) Paragraph</span><span> </span><span>(f) of item</span><span> </span><span>1; or</span></p><p class="Tablea"><span>(b) paragraph</span><span> </span><span>(e) of item</span><span> </span><span>2; or</span></p><p class="Tablea"><span>(c) paragraph</span><span> </span><span>(d) of item</span><span> </span><span>3</span></p></td><td style="width:61.96%; border-top:1.5pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"><p class="Tabletext"><span>All of the following apply:</span></p><p class="Tablea"><span>(a) there has been a transaction in the assessment year that:</span></p><p class="Tablei"><span>(i) involves associates; and</span></p><p class="Tablei"><span>(ii) has income tax consequences;</span></p><p class="Tablea"><span>(b) any of the following apply:</span></p><p class="Tablei"><span>(i) the parties were not dealing with each other at arm’s length in relation to the transaction;</span></p><p class="Tablei"><span>(ii) the transaction results in an amount of $200,000 or more being included in or allowable as a deduction from the assessable income of any of the parties in respect of the assessment year;</span></p><p class="Tablei"><span>(iii) the transaction involves one or more CGT events, and the sum of the capital proceeds from the events is $200,000 or more;</span></p><p class="Tablea"><span>(d) the transaction is relevant to an amount in the assessed entity’s assessment</span></p></td></tr><tr style="height:1pt"><td style="width:10.14%; border-top:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"><p class="Tabletext"><a id="CU_316378"></a><span>2</span></p></td><td style="width:27.9%; border-top:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"><p class="Tablea"><span>(a) Paragraph</span><span> </span><span>(f) of item</span><span> </span><span>1; or</span></p><p class="Tablea"><span>(b) paragraph</span><span> </span><span>(e) of item</span><span> </span><span>2; or</span></p><p class="Tablea"><span>(c) paragraph</span><span> </span><span>(d) of item</span><span> </span><span>3</span></p></td><td style="width:61.96%; border-top:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"><p class="Tabletext"><span>All of the following apply:</span></p><p class="Tablea"><span>(a) a private company is taken to have paid a dividend to an entity, as described in section</span><span> </span><span>109C, 109D, 109E or 109F of the Act, in the assessment year;</span></p><p class="Tablea"><span>(b) the entity is:</span></p><p class="Tablei"><span>(i) a shareholder of the company; or</span></p><p class="Tablei"><span>(ii) an associate of a shareholder of the company; or</span></p><p class="Tablei"><span>(iii) a former shareholder of the company; or</span></p><p class="Tablei"><span>(iv) an associate of a former shareholder of the company;</span></p><p class="Tablea"><span>(c) the period during which the Commissioner may amend an assessment in relation to the company is at least 4 years;</span></p><p class="Tablea"><span>(d) the dividend is relevant to an amount in the assessed entity’s assessment</span></p></td></tr><tr><td style="width:10.14%; border-top:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"><p class="Tabletext"><span>3</span></p></td><td style="width:27.9%; border-top:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"><p class="Tablea"><span>(a) Paragraph</span><span> </span><span>(f) of item</span><span> </span><span>1; or</span></p><p class="Tablea"><span>(b) paragraph</span><span> </span><span>(d) of item</span><span> </span><span>3</span></p></td><td style="width:61.96%; border-top:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"><p class="Tabletext"><span>All of the following apply:</span></p><p class="Tablea"><span>(a) the effect of section</span><span> </span><span>109XB of the Act is that an amount is included as a dividend in the assessable income of:</span></p><p class="Tablei"><span>(i) a shareholder of a company; or</span></p><p class="Tablei"><span>(ii) an associate of a shareholder of a company;</span></p><p class="Tablea"><span style="width:14.2pt; text-indent:0pt; display:inline-block"></span><span>in the assessment year as described in subsection</span><span> </span><span>109XA(1), (2) or (3) of the Act;</span></p><p class="Tablea"><span>(b) the period during which the Commissioner may amend an assessment in relation to both the trustee and the company is at least 4 years;</span></p><p class="Tablea"><span>(c) the dividend is relevant to an amount in the assessed entity’s assessment</span></p></td></tr><tr style="height:34.5pt"><td style="width:10.14%; border-top:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"><p class="Tabletext"><span>4</span></p></td><td style="width:27.9%; border-top:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"><p class="Tablea"><span>(a) Paragraph</span><span> </span><span>(f) of item</span><span> </span><span>1; or</span></p><p class="Tablea"><span>(b) paragraph</span><span> </span><span>(e) of item</span><span> </span><span>2; or</span></p><p class="Tablea"><span>(c) paragraph</span><span> </span><span>(d) of item</span><span> </span><span>3</span></p></td><td style="width:61.96%; border-top:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"><p class="Tabletext"><span>Both of the following apply:</span></p><p class="Tablea"><span>(a) in the assessment year:</span></p><p class="Tablei"><span>(i) an entity acquired an ESS interest to which Subdivision</span><span> </span><span>83A</span><span>‑</span><span>B of the </span><span style="font-style:italic">Income Tax Assessment Act 1997</span><span> applies; and</span></p><p class="Tablei"><span>(ii) subsection</span><span> </span><span>83A</span><span>‑</span><span>35(5) of that Act (integrity rule about share trading and investment companies) does not apply to the ESS interest; and</span></p><p class="Tablei"><span>(iii) the entity that provided the ESS interest is not a small business entity in relation to which item</span><span> </span><span>2 or 3 of the table in subsection</span><span> </span><span>170(1) of the Act applies;</span></p><p class="Tablea"><span>(b) the ESS interest is relevant to an amount in the assessed entity’s assessment</span></p></td></tr><tr><td style="width:10.14%; border-top:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"><p class="Tabletext"><a id="CU_618363"></a><span>5</span></p></td><td style="width:27.9%; border-top:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"><p class="Tablea"><span>(a) Paragraph</span><span> </span><span>(f) of item</span><span> </span><span>1; or</span></p><p class="Tablea"><span>(b) paragraph</span><span> </span><span>(e) of item</span><span> </span><span>2; or</span></p><p class="Tablea"><span>(c) paragraph</span><span> </span><span>(d) of item</span><span> </span><span>3</span></p></td><td style="width:61.96%; border-top:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"><p class="Tabletext"><span>Both of the following apply in the assessment year:</span></p><p class="Tablea"><span>(a) the assessed entity has not identified income (ordinary or statutory) from one or more foreign transactions for the purposes of, or in the course of, an assessment;</span></p><p class="Tablea"><span>(b) the income has not been received from a resident investment vehicle</span></p></td></tr><tr><td style="width:10.14%; border-top:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"><p class="Tabletext"><span>5A</span></p></td><td style="width:27.9%; border-top:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"><p class="Tablea"><span>(a) Paragraph</span><span> </span><span>(f) of item</span><span> </span><span>1; or</span></p><p class="Tablea"><span>(b) paragraph</span><span> </span><span>(e) of item</span><span> </span><span>2; or</span></p><p class="Tablea"><span>(c) paragraph</span><span> </span><span>(d) of item</span><span> </span><span>3</span></p></td><td style="width:61.96%; border-top:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"><p class="Tabletext"><span>The sum of the amounts of assessable income from sources other than an Australian source (within the meaning of the </span><span style="font-style:italic">Income Tax Assessment Act 1997</span><span>) of the following for the assessment year is $200,000 or more:</span></p><p class="Tablea"><span>(a) the assessed entity;</span></p><p class="Tablea"><span>(b) an affiliate (within the meaning of that Act) of the assessed entity;</span></p><p class="Tablea"><span>(c) an entity that is connected with (within the meaning of that Act) the assessed entity.</span></p></td></tr><tr><td style="width:10.14%; border-top:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"><p class="Tabletext"><span>5B</span></p></td><td style="width:27.9%; border-top:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"><p class="Tablea"><span>(a) Paragraph</span><span> </span><span>(e) of item</span><span> </span><span>2; or</span></p><p class="Tablea"><span>(b) paragraph</span><span> </span><span>(d) of item</span><span> </span><span>3</span></p></td><td style="width:61.96%; border-top:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"><p class="Tabletext"><span>The assessed entity is, at any time in the assessment year:</span></p><p class="Tablea"><span>(a) a foreign controlled Australian entity (within the meaning of the </span><span style="font-style:italic">Income Tax Assessment Act 1997</span><span>); or</span></p><p class="Tablea"><span>(b) a non</span><span>‑</span><span>resident.</span></p></td></tr><tr><td style="width:10.14%; border-top:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"><p class="Tabletext"><span>6</span></p></td><td style="width:27.9%; border-top:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"><p class="Tablea"><span>(a) Paragraph</span><span> </span><span>(f) of item</span><span> </span><span>1; or</span></p><p class="Tablea"><span>(b) paragraph</span><span> </span><span>(e) of item</span><span> </span><span>2; or</span></p><p class="Tablea"><span>(c) paragraph</span><span> </span><span>(d) of item</span><span> </span><span>3</span></p></td><td style="width:61.96%; border-top:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"><p class="Tabletext"><span>Both of the following apply in the assessment year:</span></p><p class="Tablea"><span>(a) subsection</span><span> </span><span>345(5) of the Act (transfer under a scheme) may be applicable to the assessed entity;</span></p><p class="Tablea"><span>(b) not all of the relevant information regarding the application of that subsection can be obtained from a resident investment vehicle</span></p></td></tr><tr style="height:12.55pt"><td style="width:10.14%; border-top:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"><p class="Tabletext"><span>7</span></p></td><td style="width:27.9%; border-top:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"><p class="Tablea"><span>(a) Paragraph</span><span> </span><span>(f) of item</span><span> </span><span>1; or</span></p><p class="Tablea"><span>(b) paragraph</span><span> </span><span>(e) of item</span><span> </span><span>2; or</span></p><p class="Tablea"><span>(c) paragraph</span><span> </span><span>(d) of item</span><span> </span><span>3</span></p></td><td style="width:61.96%; border-top:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"><p class="Tabletext"><span>Both of the following apply:</span></p><p class="Tablea"><span>(a) paragraph</span><span> </span><span>448(1A)(f) of the Act (provision of services under a scheme) may be applicable to the assessed entity;</span></p><p class="Tablea"><span>(b) not all of the relevant information regarding the application of that paragraph can be obtained from a resident investment vehicle</span></p></td></tr><tr style="height:67.5pt"><td style="width:10.14%; border-top:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"><p class="Tabletext"><span>8</span></p></td><td style="width:27.9%; border-top:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"><p class="Tablea"><span>(a) Paragraph</span><span> </span><span>(f) of item</span><span> </span><span>1; or</span></p><p class="Tablea"><span>(b) paragraph</span><span> </span><span>(e) of item</span><span> </span><span>2; or</span></p><p class="Tablea"><span>(c) paragraph</span><span> </span><span>(d) of item</span><span> </span><span>3</span></p></td><td style="width:61.96%; border-top:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"><p class="Tabletext"><span>Any of the following provisions applies in relation to the assessed entity in the assessment year:</span></p><p class="Tablea"><span>(a) section</span><span> </span><span>45A of the Act (streaming of dividends and capital benefits);</span></p><p class="Tablea"><span>(b) section</span><span> </span><span>45B of the Act (schemes to provide certain benefits);</span></p><p class="Tablea"><span>(c) subsection</span><span> </span><span>102AE(7) of the Act (excluded income for minors);</span></p><p class="Tablea"><span>(ca) section</span><span> </span><span>177DA of the Act (schemes that limit a taxable presence in Australia);</span></p><p class="Tablea"><span>(d) section</span><span> </span><span>177E of the Act (stripping of company profits);</span></p><p class="Tablea"><span>(e) section</span><span> </span><span>177EA of the Act (franking debit creation and franking credit cancellation schemes);</span></p><p class="Tablea"><span>(ea) subsection</span><span> </span><span>177J(1) of the Act (diverted profits tax);</span></p><p class="Tablea"><span>(f) Division</span><span> </span><span>270 in Schedule</span><span> </span><span>2F to the Act (scheme to take advantage of deductions);</span></p><p class="Tablea"><span>(g) subsection</span><span> </span><span>26</span><span>‑</span><span>50(7) of the </span><span style="font-style:italic">Income Tax Assessment Act 1997</span><span> (expenses for a leisure facility or boat);</span></p><p class="Tablea"><span>(h) any of sections</span><span> </span><span>165</span><span>‑</span><span>180 to 165</span><span>‑</span><span>205 (rules affecting the operation of tests for changing ownership of a company), or Division</span><span> </span><span>175 (use of a company’s tax losses or deductions to avoid income tax), of the </span><span style="font-style:italic">Income Tax Assessment Act 1997</span><span>;</span></p><p class="Tablea"><span>(i) Subdivision</span><span> </span><span>207</span><span>‑</span><span>F of the </span><span style="font-style:italic">Income Tax Assessment Act 1997</span><span> (cancellation of gross</span><span>‑</span><span>up or tax offset where the imputation system has been manipulated)</span></p></td></tr><tr style="height:56.7pt"><td style="width:10.14%; border-top:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"><p class="Tabletext"><span>9</span></p></td><td style="width:27.9%; border-top:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"><p class="Tabletext"><span>Paragraph</span><span> </span><span>(f) of item</span><span> </span><span>1</span></p></td><td style="width:61.96%; border-top:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"><p class="Tabletext"><span>The assessed entity makes a request under section</span><span> </span><span>131</span><span>‑</span><span>5 in Schedule</span><span> </span><span>1 to the </span><span style="font-style:italic">Taxation Administration Act 1953</span><span> in relation to any of the following:</span></p><p class="Tablea"><span>(a) an excess concessional contributions determination, or excess non</span><span>‑</span><span>concessional contributions determination, for a financial year that corresponds to the assessment year;</span></p><p class="Tablea"><span>(b) a notice of assessment of an amount of Division</span><span> </span><span>293 tax payable for the assessment year</span></p></td></tr><tr style="height:56.7pt"><td style="width:10.14%; border-top:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"><p class="Tabletext"><span>10</span></p></td><td style="width:27.9%; border-top:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"><p class="Tablea"><span>(a) Paragraph</span><span> </span><span>(e) of item</span><span> </span><span>2; or</span></p><p class="Tabletext"><span>(b) paragraph</span><span> </span><span>(d) of item</span><span> </span><span>3</span></p></td><td style="width:61.96%; border-top:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"><p class="Tabletext"><span>At any time during the assessment year, the total number of entities that are connected with (within the meaning of the </span><span style="font-style:italic">Income Tax Assessment Act 1997</span><span>), or are an affiliate of (within the meaning of that Act), the assessed entity is 10 or more.</span></p></td></tr><tr style="height:56.7pt"><td style="width:10.14%; border-top:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"><p class="Tabletext"><span>11</span></p></td><td style="width:27.9%; border-top:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"><p class="Tablea"><span>(a) Paragraph</span><span> </span><span>(e) of item</span><span> </span><span>2; or</span></p><p class="Tablea"><span>(b) paragraph</span><span> </span><span>(d) of item</span><span> </span><span>3</span></p></td><td style="width:61.96%; border-top:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"><p class="Tabletext"><span>The assessed entity:</span></p><p class="Tablea"><span>(a) has claimed a tax offset under Division</span><span> </span><span>355 of the </span><span style="font-style:italic">Income Tax Assessment Act 1997</span><span> (research and development) for the assessment year; or</span></p><p class="Tablea"><span>(b) might be able to deduct an amount under a provision mentioned in subsection</span><span> </span><span>355</span><span>‑</span><span>105(2) of that Act for the assessment year; or</span></p><p class="Tablea"><span>(c) has an amount that might be included in the assessed entity’s assessable income for the assessment year under section</span><span> </span><span>355</span><span>‑</span><span>450 of that Act.</span></p></td></tr><tr style="height:56.7pt"><td style="width:10.14%; border-top:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"><p class="Tabletext"><span>12</span></p></td><td style="width:27.9%; border-top:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"><p class="Tablea"><span>(a) Paragraph</span><span> </span><span>(f) of item</span><span> </span><span>1; or</span></p><p class="Tablea"><span>(b) paragraph</span><span> </span><span>(e) of item</span><span> </span><span>2; or</span></p><p class="Tablea"><span>(c) paragraph</span><span> </span><span>(d) of item</span><span> </span><span>3</span></p></td><td style="width:61.96%; border-top:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"><p class="Tabletext"><span>Any of the following apply in the assessment year:</span></p><p class="Tablea"><span>(a) the assessed entity has chosen to obtain a roll</span><span>‑</span><span>over under Division</span><span> </span><span>125 of the </span><span style="font-style:italic">Income Tax Assessment Act 1997</span><span> (demerger relief);</span></p><p class="Tablea"><span>(b) there is a roll</span><span>‑</span><span>over under Subdivision</span><span> </span><span>126</span><span>‑</span><span>B of that Act (companies in the same wholly</span><span>‑</span><span>owned group) in respect of which the assessed entity is the originating company or the recipient company mentioned in that Subdivision;</span></p><p class="Tablea"><span>(c) the assessed entity has chosen, or is taken to have chosen, to obtain a roll</span><span>‑</span><span>over under Division</span><span> </span><span>615 of that Act (roll</span><span>‑</span><span>overs for business restructures).</span></p></td></tr><tr style="height:56.7pt"><td style="width:10.14%; border-top:0.75pt solid #000000; border-bottom:1.5pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"><p class="Tabletext"><span>13</span></p></td><td style="width:27.9%; border-top:0.75pt solid #000000; border-bottom:1.5pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"><p class="Tablea"><span>(a) Paragraph</span><span> </span><span>(f) of item</span><span> </span><span>1; or</span></p><p class="Tablea"><span>(b) paragraph</span><span> </span><span>(e) of item</span><span> </span><span>2; or</span></p><p class="Tablea"><span>(c) paragraph</span><span> </span><span>(d) of item</span><span> </span><span>3</span></p></td><td style="width:61.96%; border-top:0.75pt solid #000000; border-bottom:1.5pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"><p class="Tabletext"><span>The assessed entity disregarded a capital gain or capital loss in relation to the assessment year under section</span><span> </span><span>855</span><span>‑</span><span>10 of the </span><span style="font-style:italic">Income Tax Assessment Act 1997</span><span> (capital gains and losses of foreign residents).</span></p></td></tr></tbody></table>