Miscellaneous 2009

CGT small business concessions

Source: Western Australia

Published Date: 21 May 2009

 

This presentation, almost 80 slides, covers:

  • first round of changes
  • second round of changes
  • third round of changes
  • basic rules for CGT SB concessions
  • what is an SBE (small business entity)?
  • SBE tests
  • aggregated turnover
  • new rule re passive assets
  • passive assets and partnerships
  • maximum net asset value
  • who or what is an affiliate?
  • when is an entity "connected with" you?
  • new deemed affiliate rule
  • active asset test
  • when does an asset have to be active?
  • changes to active asset test
  • selling shares or units.

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Individual Session

CGT small business concessions

Author(s): Richard J Friend
Materials from this session:

Details

  • Published By: Richard J Friend
  • Published On:21 May 2009
  • Took place at:Perth Concert Hall

The material is copyright. Apart any fair dealing for the purpose of private study,

research critisism or review, as permitted under the copyright Act, no part may be rerpoduced 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.

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

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

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Miscellaneous 2009

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