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30 May 11 Minor amendments to CGT law

On 27 May 2011 the Treasury released a proposals paper, entitled “Minor amendments to the capital gains tax law”, seeking comments on the policy design of measures which were announced in the 2011-2012 Budget to address some technical deficiencies in the CGT law. The proposals paper sets out, in broad terms, how the measures may be implemented.

The closing date for submissions is Friday, 22 July 2011.