Capital Gains: what are acceptable valuations for CGT purposes?

CGT Determination Number 10 (TD 10) explains that if the market value of an asset needs to be determined, taxpayers can choose to obtain a detailed valuation from a qualified valuer or compute their own valuation based on reasonably objective and supportable data.

Law Administration Practice Statement PS LA 2005/8 - Market Valuations now provides advice about market valuation guidelines.

Accordingly, TD 10 is withdrawn.