Become a Member
Membership
Education
Events
Resources
Tax Knowledge Exchange
About us
Contact us
  Capital Gains Tax (CGT) 2012

CGT/rollovers

Source: South Australia

Published Date: 17 Sep 2012

 

Sorry, this is subscriber only content.

If you're not yet a subscriber, to gain access to this material and much more - Subscribe Now.

Already a Subscriber? Login now

Subscribe Now

Already a Subscriber? Login now

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.
Author(s)

Individual Session

CGT/rollovers

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

Download

Details

The material is copyright. Apart any fair dealing for the purpose of private study, research criticism or review, as permitted under the copyright Act, no part may be reproduced by any process without written permission from The Tax Institute.

Unless expressly stated, opinions are not that of The Tax Institute, which accepts no responsibility for the accuracy of any of the information contained within it.

The Tax Institute
(ABN 45 008 392 372 (PRV14016))

("TTI")

The Tax Institute is a Recognised Tax Agent Association (RTAA) under the Tax Agent Services Regulations 2009. 

Copyright Statement

All materials provided on this site are protected by copyright and are owned by or licensed to TTI.

Except as expressly permitted by TTI or the copyright owner, any person or company who uses this site must not use, reproduce, redistribute, retransmit, publish or otherwise transfer, or commercially exploit, the materials or any information, software or other content, in whole or in part, which is available through this site.

Tags

Capital Gains Tax (CGT) 2012

Share this page