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 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...

CGT Event J2 - J5 - J6       What are CGT Events J2, J5 and J6? CGT events J2, J5 and J6 are invoked in situations where a taxpayer utilises the small business CGT roll-over...

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...