This seminar paper discusses the disposal of interests in trusts and companies, the $5 threshold test and what is taken into account and how the test applies to various structures, what is an 'active asset': problems with leased/licensed assets, when is the 'controller test' satisfied and what happens if satisfied, what is a 'replacement asset' and how do you satisfy the replacement rollover, order in which concessions apply, particular problems with discretionary trusts, problems with multi-tiered structures.
Miscellaneous
2002
Issues that arise under small business CGT concessions
Source: New South Wales
Published Date: 17 May 2002
Individual Session
Issues that arise under small business CGT concessions
Author(s):
Roger Hamilton
Materials from this
session:
Details
- Published By: Roger Hamilton
- Published On:17 May 2002
- Took place at:Newcastle/Canberra/Ballina
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Tags
Miscellaneous
2002
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