Published on 05 Oct 99
by NEW SOUTH WALES DIVISION, THE TAX INSTITUTE
The proposed changes to the CGT regime generally are to be welcomed. This paper endeavours to provide an outline of the CGT changes proposed by the Government, and tries to illustrate the practical implications. It considers the topics of : general changes, individuals, superrannuation funds, companies and trusts, partnerships, capital losses, small business concessions, scrip for scrip roll-over relief, depreciable assets, venture capital, and international.