Capital gains tax concessions for small business
a CGT Concessions for small business - order of application
12.1a CGT Concessions for small business - order of application
There are several CGT concessions that apply to small businesses. One or more of these concessions may be used to reduce or eliminate the CGT on the sale of business assets. The following illustrates the order in which the concessions may be applied.
Source: Rainmaker Technical Services Team
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Last modified: Thursday, August 5, 2021