Capital Gains Tax: CGT small business relief: small business CGT affiliate

the basic conditions for the small business CGT concessions is that the active asset test must be satisfied (section ... business by a small business CGT affiliate (subparagraph 152-40(1)(c)(i) of the ITAA 1997). The term 'small business CGT

Capital gains tax - small business concessions - active assets - trade debtors

Guide to Capital Gains Tax Concessions for Small Business in the section dealing with active asset test. This document incorporates revisions made ... company carrying on a business are an active asset or not may impact on whether the '80% test' in paragraph

CGT - small business concessions - active asset of a connected entity

the definition of an active asset where an asset whose main use in carrying on the business referred to in subsection ... Keywords Capital gains tax CGT small business relief Basic conditions for relief Active asset test Connected entity Business Line: Centres of Expertise

CGT - small business concessions - active asset - ready for use

Decision ATO ID 2002/631 (Withdrawn) Income Tax CGT - small business concessions - active asset - ready for use FOI status: may be released This ... the ITAA 1997 defines an active asset as a CGT asset you own and use, or hold ready for use, in the

CGT - Contingent and unascertainable amounts and the small business concessions

assets Disposal of business Centres of Expertise CGT small business relief Basic conditions for relief Small business 50% reduction CGT events CGT ... event A1-disposal of a CGT asset Active asset test Business Line: Private Groups and High Wealth Individuals Date of publication

CGT small business concessions: controlling individual - different income and capital beneficiaries

gain from CGT A1 happening to their interest in the trust, and wishes to apply the small business CGT concessions to reduce ... small business concessions, the basic conditions in Division 152 of the ITAA 1997 must be satisfied. If the relevant CGT asset

CGT small business concessions: active asset test - disposal by LPR after taxpayer's death

Decision ATO ID 2003/165 (Withdrawn) Income Tax CGT small business concessions: active asset test - disposal by LPR after taxpayer's death FOI ... Will an asset disposed of by a deceased person's legal personal representative (LPR) satisfy the active asset test in section

CGT small business concessions: active asset - bank accounts

Decision ATO ID 2003/167 (Withdrawn) Income Tax CGT small business concessions: active asset - bank accounts FOI status: may be released This ATO ... Butterworths, p.44 Keywords Capital gains tax CGT assets Financial instruments Active asset test CGT small business relief Basic conditions for relief Business

CGT small business concessions: active assets - Australian currency

Decision ATO ID 2003/168 (Withdrawn) Income Tax CGT small business concessions: active assets - Australian currency FOI status: may be released This ATO ... 2003/167 Keywords Capital gains tax CGT assets CGT exemptions Financial instruments Cheques Active asset test CGT small business relief Basic conditions for

CGT Dairy industry deregulation: small business concessions - active asset - payment right

therefore not an active asset under section 152-40 of the ITAA 1997. The small business CGT concessions contained in Division ... Capital receipts Capital losses offset CGT Small Business relief Basic conditions for relief Active asset test Dairy industry Grants of financial assistance

CGT small business concessions: active asset - main use of asset where part business and part rental use

2003/253 (Withdrawn) Income Tax CGT small business concessions: active asset - main use of asset where part business and part rental use FOI ... paragraph 152-40(4)(e) Keywords Active asset test Capital gains tax CGT small business relief Rental property income Business Line: Office

CGT: Small business concessions - Extension of time for active asset test

2003/26 (Withdrawn) Capital Gains tax CGT: Small business concessions - Extension of time for active asset test FOI status: may be released This ... business within which the taxpayer can dispose of an asset and still satisfy the active asset test in section

CGT small business concessions: active asset - commercial storage facility

Decision ATO ID 2003/345 (Withdrawn) Income Tax CGT small business concessions: active asset - commercial storage facility FOI status: may be released This ... Landlord and tenant', paragraph 212 Keywords Active asset test Capital gains tax CGT small business relief Storage equipment Companies Company directors Business

CGT small business concessions - small business CGT affiliate

the small business CGT concessions in Division 152 of the ITAA 1997 is that the active asset test must be satisfied (paragraph ... the ITAA 1997). A CGT asset is an active asset if, among other things, it is owned by the taxpayer and used

CGT small business concessions: active asset test - sale of part of a business - not a cessation

Decision ATO ID 2003/503 (Withdrawn) Income Tax CGT small business concessions: active asset test - sale of part of a business - not ... for Decision For the small business capital gains tax (CGT) concessions to apply, the active asset test in section

CGT small business concessions: active asset test - sale of a business constitutes cessation

Decision ATO ID 2003/504 (Withdrawn) Income Tax CGT small business concessions: active asset test - sale of a business constitutes cessation FOI status ... for Decision For the small business capital gains tax (CGT) concessions to apply the active asset test in section

CGT small business concessions: active asset - holiday apartments

Decision ATO ID 2003/655 (Withdrawn) Income Tax CGT small business concessions: active asset - holiday apartments FOI status: may be released This ATO ... Reasons for Decision For a CGT asset of a business to be an active asset for the purposes of Division

CGT small business concessions: active assets - commercial rental properties

Decision ATO ID 2003/656 (Withdrawn) Income Tax CGT small business concessions: active assets - commercial rental properties FOI status: may be released This ... tenants. Reasons for Decision For a CGT asset of a business to be an active asset for the purposes of Division

CGT small business concessions: active asset - boarding house

Decision ATO ID 2003/657 (Withdrawn) Income Tax CGT small business concessions: active asset - boarding house FOI status: may be released This ATO ... gain. Reasons for Decision For a CGT asset of a business to be an active asset for the purposes of Division

CGT small business concessions: extension of time for active asset - shares

ATO ID 2003/713 (Withdrawn) Income Tax CGT small business concessions: extension of time for active asset - shares FOI status: may be released ... business ceased more than 12 months before the CGT event that happened to the shares, the active asset test will only