The small business CGT concessions offer significant opportunities, but you must be skilled enough to find them! This presentation highlights the key issues you need to be aware of in relation to trusts, and budget changes, including:
- analysis of the maximum net asset value test
- the connected entities rule and the active asset test
- the controlling individual and CGT concession stakeholder tests
- structuring issues and ordering of the concessions
- contract implications
- identifing the controller of discretionary trusts.