Published on 01 Jul 08
by "TAXATION IN AUSTRALIA" JOURNAL ARTICLE
It is widely appreciated by practitioners that the small business CGT concessions in Division 152 are generous. Upon closer examination of the concessions, both pitfalls and treasures can be seen. This article presents an overview of the provisions, and highlights both particular problems and opportunities that arise, and how to plan to maximise the access to the benefits offered by Division 152.
A Senior Associate at Clayton Utz Brisbane, John specialises in revenue and corporate law.
He has provided legal advice in respect of the structuring, restructuring, purchase and sale
of businesses and entities of all types. With particular experience in CGT planning for the
sale of businesses, he also practices in stamp duty, GST, and general tax.
Current at 9 October 2008
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