Notes Online
Welcome to Notes Online.
We offer chapters and articles for individual purchase and we hope you benefit from using our Notes Online.
Disclaimer
These notes are intended to be a guide only. None of the comments contained in these seminar notes are intended to be advice, whether legal, financial or professional. You should not act solely on the basis of the information contained in these notes because many aspects of the material have been generalised and the tax laws apply differently to different people in different circumstances. Further, as tax and related laws change frequently, there may have been changes to the law since the notes were written. Specific advice should always be obtained from a tax professional.
Price
$13.20
Document Type
Article
Pages
6
Notes Online Home 2016 Tax Hot Spots II The latest on CGT and Small Business Concessions (‘SBCs’)
Major win for taxpayer when calculating the market value of shares for CGT
In this segment of the notes we look at the major win for taxpayer when calculating the market value of shares for CGT. In particular, the following:
- Passing the MNAV test to apply the SBCs
- Relevant background to Miley’s case
- The AAT’s decision in Miley’s case
- Implications for other share or unit holders