Published on 07 Oct 05
by VICTORIAN DIVISION, THE TAX INSTITUTE
Most practitioners are aware of the various concessions, particularly in relation to SMEs, under the CGT regime. This paper identifies some of the issues and practical problems in applying the CGT concessions for practitioners in the middle market, including:
latest developments in the small business CGT concessions
de-mergers for private companies
CGT event K6 and distributing pre-CGT profits
CGT implications of cloning trusts
practical problems in applying the CGT discount.
Wayne is a Director at Horwath in Melbourne. He regularly advises SME clients on international and domestic restructures, M&A and divestments and as such, capital gains tax is a major component
of his expertise. Wayne has also taught taxation law at Monash University.
Current at 10 July 2006 Current at 23 October 2007
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