Capital Gains Tax (CGT) 2012

CGT/rollovers

Source: South Australia

Published Date: 17 Sep 2012

 

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One of the greatest impediments to any potential restructure is the application of Capital Gains Tax. Part 1 of this paper looks at the various rollovers available and some of the traps which need to be watched out for.

The second part of this paper focuses in depth on the following scenarios:

  • individual to company
    • option 1 – Individual principally owning capital assets
    • option 2 – Individual principally owning depreciable assets (low tax WDV but high market value)
  • unit trust to company
    • replacing the unit trust with a company
    • inserting a company as holder of all units.

Individual Session

CGT/rollovers

Author(s): Tim Sandow CTA , Emma De Roos
Materials from this session:

Details

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