Your shopping cart is empty

On 11 May 2010, the then Assistant Treasurer announced that the Government would make it easier for businesses to restructure, by:

  • extending the CGT roll-over for the conversion of a body to an incorporated company;
  • broadening the range of CGT roll-overs where entities can use a share or interest sale facility for foreign residents in a restructure; and
  • allowing CGT demerger relief for demerger groups that include corporations sole or complying superannuation entities that currently cannot access the relief.

Following public consultation on the policy design of these changes, Treasury advises that the Government has developed draft legislation to implement these measures. An exposure draft of the legislation and explanatory material may be accessed here The closing date for submissions on the draft legislation is Wednesday, 15 June 2011.


Media Release Search
Eg. TD 2005/D52 ALL words EXACT phrase WITHOUT words Date range
From To