How the NALI and the CGT provisions interact.

The article discusses the interaction between non-arm's length income (NALI) provisions and capital gains tax (CGT) provisions in Australian tax law, with a focus on the ATO's view outlined in TD 2023/D1. It covers topics such as the practical application of NALI and CGT provisions, calculations, and the potential impact of non-arm's length capital gains on arm's length capital gains, highlighting the need for careful consideration and compliance with the ATO's interpretation.