Section 410 — Income Tax Assessment Act 1936: General modifications—CGT

For the purposes of applying this Act in calculating the attributable income of the eligible CFC, Parts 3-1 and 3-3 of the Income Tax Assessment Act 1997 apply as if these provisions were disregarded: (a) section 116-85 (about section 47A of this Act applying to a rolled-over asset); (b) section 116-95 (about a company changing residence from an unlisted country); (c) section 118-12 (about assets used to produce exempt income etc.); (d) section 855-45 (about an individual or company becoming an Australian resident); (e) section 855-55 (about a CFC becoming an Australian resident); (f) Subdivision 170-B (about transfer of net capital losses within company groups).