Property Capital Gains Tax (CGT) 2019

Advising Clients on whether their property realisation/development is income or capital

Source: Western Australia

Published Date: 18 Sep 2019

 

This presentation covers:

  • determining when a gain is on capital account or a revenue profit
  • the different tax treatment between a profit-making scheme and carrying on a business of property development
  • what is included and excluded in calculating a profit
  • the different taxing points
  • what happens when property changes from capital account to revenue account and vice versa
  • managing your risks as the advisor
  • managing risks in an ATO audit.

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Individual Session

Advising clients on whether their property realisation/development is income or capital

Author(s): David Montani

Details

  • Published By: David Montani
  • Published On:18 Sep 2019
  • Took place at:Crown Perth, Perth

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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Property Capital Gains Tax (CGT) 2019

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