Small business CGT concessions: a closer look
Published Date: 10 Jun 2025
This article explores a number of specific topics within the small business CGT concession provisions. Those topics are, broadly: tips and tricks in relation to the connected entity/affiliate tests, and some examples of how it can go wrong; case authorities concerning what a liability is, and when it is related to an asset, for the purpose of the maximum net asset value test; passively held assets, and how to properly calculate the assets of an individual partner for the purposes of the maximum net asset value test; and a discussion, and warning, on Pt IVA in the context of structuring into the concessions.
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- Published By: Michael Parker CTA, Adam Dimac, Sara Shahin
- Published On:10 Jun 2025
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