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  Miscellaneous 2006

Small business CGT concessions and related trust issues

Source: National

Published Date: 23 Nov 2006

 

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The small business CGT concessions offer significant opportunities, but you must be skilled enough to find them! This paper highlights the key issues you need to be aware of in relation to trusts, and budget changes, including:

  • analysis of the maximum net asset value test
  • the connected entities rule and the active asset test
  • the controlling individual and CGT concession stakeholder tests
  • structuring issues and ordering of the concessions
  • contract implications
  • identifing the controller of discretionary trusts.
This paper was also presented on 27 October 2006 at the Tax Intensive Seminar held in Victor Harbor, SA.
Author(s)

Individual Session

Small business CGT concessions and related trust issues

Author(s): Mark Pizzacalla CTA
Materials from this session:

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Details

  • Published By: Mark Pizzacalla CTA
  • Published On:23 Nov 2006
  • Took place at:Sheraton Noosa Resort and Spa

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