This presentation covers:
- What is an active asset? (i.e. analysis of section 152-40 of the ITAA 1997)
- Analysis of recent cases, guidelines and rulings (e.g. FCT v Eichmann [2019] FCA 2155 and SWPD and FCT [2020] AATA 555)
- Review of recent amendments to the definition of active asset (e.g. new active asset test for shares or interests in trusts)
- Practical case studies.