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 H2
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CGT Articles
CGT Event E1
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
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...
Goodwill (CGT)
Goodwill is commonly known as the attractive force of a business that brings in its customers. The exact definition of goodwill is different under accounting principles compared with general law...
CGT Event J2-J5-J6
CGT Event J2 - J5 - J6 CGT events J2, J5 and J6 are invoked in situations where a taxpayer utilises the small business CGT roll-over concession and a certain specific...
CGT Event G3
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...
CGT Rollover Relief – Relationship Breakdown
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...
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...
