Trung Vu2 min readCGT & GSTTAX TIP #10: CGT SMALL BUSINESS CONCESSIONS | SHARES AND ACTIVE ASSET TESTFacts Trust T has wholly owned Company C for 10 years. Trust T disposes all of its shares and applies the active asset reduction....
Trung Vu2 min readCGT & GSTTAX TIP #4: PROFIT MAKING UNDERTAKING | PROPERTY DEVELOPMENT | GST Facts Individual I owns, and has occupied, a main residence of 1,000m2 for the last five (5) years. Individual I wishes to sub-divide...
Trung Vu1 min readCGT & GSTTAX TIP #3: CGT ROLLOVERS | INTERPOSITION OF HOLDING COMPANYFacts Trust T wholly owns Company C. The proposal is to interpose a new Company H between Trust T and Company C. The result is as...