Published on 02 Mar 99
by SOUTH AUSTRALIAN DIVISION, THE TAX INSTITUTE
The new CGT regime came into operation on 1 July 1998. This paper summarises the structure of the new CGT regime, and aims to provide a "road map" to guide practitioners through the new provisions. This is done by reference to a practical four step process : 1 Identify the potentially relevant CGT events, 2 Check whether an exception or general exemption applies, 3 Check whether rollover relief is available, 4 Calculate the capital gain or loss.
Paul is a Partner at Minter Ellison and practises in all areas of taxation law, with a particular focus on CGT, business structures, GST and stamp duty. Paul is a member of the Institute's SA Technical Resource Committee, and represents that committee on RevenueSA's SA State Taxes Liaison Group. He is also a member of the Institute's national Not-for-profit Technical Committee, and until recently represented that committee on the ATO's Not-for-Profit Advisory Group. He is also an active member of the Taxation Committee of the Law Council of Australia.
- Current at
12 January 2017