CGT Articles

CGT Event K5   What is CGT Event K5? CGT Event K5 deals with special collectable losses. It applies where all the following happen: a taxpayer owns shares in a company or an interest in a trust; and...

CGT Event E9     What is CGT Event E9? CGT Event E9 is where a taxpayer receives a payment for agreeing to hold future property on trust. At the time of the agreement, no potential...

CGT Event E8     What is CGT Event E8? CGT Event E8 broadly involves a situation where a beneficiary under a trust disposes of an interest in trust capital (or part of it) and where no money or...

CGT event C2 What is CGT event C2? CGT Event C2 is where a taxpayer’s ownership of an intangible CGT asset ends because the asset: Is redeemed or cancelled; Is released, discharged or satisfied;...

CGT event C1   What is CGT Event C1? CGT Event C1 is where a taxpayer owns a CGT asset which becomes lost or destroyed. The rules governing CGT Event C1 are contained in section 104-20 of the...

CGT event B1 What is CGT event B1? CGT event B1 involves a situation where a taxpayer enters into an agreement with another entity under which: the right to use and enjoyment of a CGT asset the...

CGT Event H2   CGT Event H2 is where an act, transaction or event occurs in relation to a CGT asset owned by a taxpayer and that act, transaction or event does not result in an adjustment being...

CGT Event E1 What is CGT Event E1? CGT Event E1 deals with a situation where a taxpayer creates a trust over a CGT asset by way of declaration or settlement. The rules dealing with CGT Event E1 are...

CGT Event K7   What is CGT Event K7? CGT Event K7 is where a balancing adjustment event occurs for a depreciating asset held by a taxpayer that was at some time used (or installed ready for...