CGT Event G3 What is CGT Event G3? CGT event G3 is relevant where an appointed liquidator or administrator makes a declaration that the shareholders of a company, or shareholders of a relevant class...
CGT Event G3
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CGT Articles
CGT Rollover Relief – Relationship Breakdown
A taxpayer is subject to capital gains tax where a CGT event happens to a CGT asset they own. When it comes to relationship breakdowns, one would expect a number of potential taxing point under...
CGT event K4
CGT event K4 CGT event K4 addresses a situation where a taxpayer that holds a CGT asset on capital account starts to instead hold that asset as trading stock. This is most common in a property...
CGT Event I1
CGT event I1 What is CGT event I1? CGT event I1 addresses a situation where an individual or company owns CGT assets and ceases being an Australian resident for taxation purposes. The rules...
CGT Event G1
CGT Event G1 What is CGT Event G1? CGT event G1 addresses a situation where a company makes certain payments to a shareholder. Specifically, the requirements are that: The company makes a...
CGT Event K3
What is CGT event K3? CGT event K3 addresses a situation where a taxpayer becomes deceased and a CGT asset that taxpayer owned passes to a beneficiary of the deceased estate, whereby the...
CGT Event A1
What is CGT Event A1? CGT event A1 addresses a situation where a taxpayer disposes of a CGT asset. A taxpayer disposes of a CGT asset where there is a change of ownership over the CGT asset. ...
CGT Event D1
CGT Event D1 What is CGT Event D1? CGT event D1 happens to a taxpayer if contractual or other legal or equitable rights are created in another entity. The rules relating to this event are...
Forex Tax
Foreign Exchange Gains and Losses A taxpayer may make a windfall gain or loss due to fluctuations in exchange rates between the time the tax law recognises an amount and the time of realisation or...
