Capital gains taxation: assigns tax on transfers to firms and AOPs, and taxes enhanced compensation when received. Amendment inserts subsections making gains on transfer of capital assets to a firm or association (where transferor is or becomes partner/member) taxable as the transferor's income, deeming the value recorded in transferee's books as full consideration; treats distribution of assets on dissolution as firm/association income with fair market value deemed full consideration; and provides that where compensation/consideration fixed by government or Reserve Bank is later enhanced by authority, initial compensation is taxed in year of transfer while enhanced amount is taxed when received, with acquisition/improvement costs for the enhancement taken as nil and applicability to prior transfers and successors in receipt.