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The market value substitution rule

Published on 13 Apr 98 by VICTORIAN DIVISION, THE TAX INSTITUTE

Topics include: when can the Commissioner look beyond the terms of the agreement; has consideration been allocated to all relevant CGT events?; understanding the proper legal effect of the transaction; relevance of the description provided by the parties; sham transactions; part IVA; cost base of CGT asset; market value; Burrill's case and market value.

Author profiles:

Christopher Sievers
Chris Sievers practises primarily in revenue law, with a particular focus on indirect taxes such as GST and stamp duty. Since being called to the Bar in 2001, Chris has developed a substantial advice practice and has appeared on behalf of taxpayers and the Revenue in numerous disputes in federal and state jurisdictions, including the High Court in Reliance Carpet and Qantas. Recently, Chris appeared for the Commissioner in Rio Tinto Services before the Federal Court and on appeal to the Full Federal Court. Current at 19 October 2016 Click here to expand/collapse more articles by Chris SIEVERS.
 
Author Photo - Grant Cathro CTA
Grant Cathro CTA
Grant is a Partner with Allens Arthur Robinson, practising extensively in the resources sector. He advises clients in relation to project structures, acquisitions and divestments, ATO audits and disputes. Grant has over 25 years experience in both resource rent tax and income tax issues Current at 17 February 2011 Click here to expand/collapse more articles by Grant CATHRO.

This was presented at CGT Giving You the Blues.

Get a 20% discount when you buy all the items from this event.

Individual sessions

Blue bayou: CGT blunders and bloopers

Author(s):  Andrew O'BRYAN

Materials from this session:

Blue suede shoes: Issues in corporate reorganisation

Author(s):  Tony MORGANTI

Materials from this session:

The Market Value Substitution Rules

Author(s):  Grant CATHRO,  Chris SIEVERS

Materials from this session:

Further details about this event:

 

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