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 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...

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   What is 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...

  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...