BNET Business Dictionary

Business Definition for: CGT

capital gains tax

Additional Resources

[369] CGT - report card 2005.(capital gains tax)(Brief Article): Mar 29, 2005 (Weekly Tax Bulletin - ABIX via COMTEX) Chris Evans, director of ATAX at the University of New South Wales, has been very critical about Australia's capital gains tax CGT system. He told the 20th National Convention of the Taxation Institute ...; Tags: Australia, FINANCE, Taxes, University of New South Wales; Research articles 2005-03-29
CGT cost base issues.: Jan 18, 2007 (Taxation in Australia - ABIX via COMTEX) -- There have been changes to rules regarding the cost base and reduced cost base of a capital gains tax CGT asset. The changes were enacted by the Tax Laws Amendment (2006 Measures No 1) Act...; Tags: asset, Australian Taxation Office; Research articles 2007-01-18
Caution required with CGT bill sums.: Jun 16, 2002 (The Courier-Mail ABIX via COMTEX) -- Investors in Australia need to understand how capital gains tax CGT works. In June 2002, top financial advisors spoke about the CGT. They noted that it pays to hold property, managed funds or shares for...; Tags: asset, Australia, Australian Taxation Office; Research articles 2002-06-17
CGT concessions on winding up.: Apr 02, 2003 (Intax - ABIX via COMTEX) The Australian Taxation Office has ruled that capital gains tax CGT concessions are available on a company's winding-up. The application of the rule is explained in the National Tax Liaison Group CGT Subcommittee minutes. CGT discounts...; Tags: Australian Taxation Office, concession, MARKETING; Research articles 2003-04-02
[2380] Audit Office recommends improvements to ATO administration of CGT compliance.: Byline: Terry Hayes Jan 09, 2007 (Weekly Tax Bulletin - ABIX via COMTEX) -- Audit Report No 16 for 2006-07 has been released by the Australian Auditor-General. The report concerns the administration of capital gains tax CGT compliance for individuals by the Australian...; Tags: administration, audit, Australian Taxation Office, compliance, FINANCE; Research articles 2007-01-09

Bill Healey of Charmer Sunbelt Named to Consumer Goods Technology Magazine's (CGT) Prestigious, "Visionaries 2006" List: Bill Healey, Corporate Vice President and CIO of The Charmer Sunbelt Group, has been named to Consumer Goods Technology CGT magazine's prestigious, "Visionaries 2006" list. Healey, nominated by Clarkston Consulting, was honored among fewer than 30 consumer goods executives chosen for 'continually looking ahead and ensuring their companies will win...; Tags: Sunbelt Software; Research articles 2006-09-26
[2395] CGT small business concessions: controlling individual, active asset, small business CGT affiliate.: Byline: Kirk Wilson Jan 10, 2007 (Weekly Tax Bulletin - ABIX via COMTEX) -- Three taxation determinations TD were issued by the Australian Taxation Office on 20 December 2006. TD 2006/77 concerns eligibility for the capital gains tax CGT small business concessions. ...; Tags: asset, Australian Taxation Office, FINANCE, income, Taxes; Research articles 2007-01-10
[2227] CGT: consequences of creating life and remainder interests.: Byline: Kirk Wilson Dec 10, 2006 (Weekly Tax Bulletin - ABIX via COMTEX) -- The Australian Taxation Office ATO issued Taxation Ruling TR 2006/14 on 29 November 2006. The document, which had previously been issued in draft format as Draft TR 2005 D14...; Tags: Australian Taxation Office, FINANCE, Taxes; Research articles 2006-12-10
Confusion clouds new CGT regulations.: Byline: Peter Switzer Jan 01, 2007 (The Australian - ABIX via COMTEX) -- Reforms to Australia's capital gains tax CGT regime for small businesses are proving confusing. Accountants are encountering problems in interpreting the new rules, which aim to make the sale of...; Tags: Australia, Australian Taxation Office, regulation; Research articles 2007-01-01
[1324] Unit trusts and CPT Custodian case: ATO "considering its position" re CGT implications.: Byline: Terry Hayes Aug 01, 2006 (Weekly Tax Bulletin - ABIX via COMTEX) -- The capital gains tax CGT implications of a 2005 court case were discussed at a November 2005 meeting. Participants at the meeting of the NTLG Losses and CGT...; Tags: Australian Taxation Office, FINANCE, revenue, Taxes; Research articles 2006-08-01
[147] CGT: Sale of shares consideration reduced for post-settlement adjustments.: Byline: Stuart Jones Jan 31, 2006 (Weekly Tax Bulletin - ABIX via COMTEX) -- An Administrative Appeals Tribunal AAT case has altered the treatment of capital gains tax CGT. ...; Tags: adjustment, Australian Taxation Office, FINANCE, financial, Taxes; Research articles 2006-01-31
[27] CGT: cost base and set off of liability for an amount.: Byline: Kirk Wilson Jan 16, 2006 (Weekly Tax Bulletin - ABIX via COMTEX) -- The Australian Taxation Office released a Determination on capital gains tax CGT on 21 December 2005....; Tags: asset, Australian Taxation Office, FINANCE, Investment, Taxes; Research articles 2006-01-16
[1979] CGT collections on the rise.: Byline: Terry Hayes Dec 09, 2005 (Weekly Tax Bulletin - ABIX via COMTEX) -- The Australian Taxation Office ATO looks set to collect around $A4.5 billion in capital gains tax...; Tags: Australian Taxation Office, FINANCE, Taxes; Research articles 2005-12-09
CGT problem areas.: Oct 11, 2005 (Intax - ABIX via COMTEX) -- The Australian Taxation Office ATO has identified two aspects of capital gains tax CGT laws that are difficult for small businesses to understand. The...; Tags: Australian Taxation Office, compliance, FINANCE, Investment, valuation; Research articles 2005-10-11
[1456] Modification of CGT contract rules by consolidation core provisions.: Byline: Annamaria Carey Aug 29, 2005 (Weekly Tax Bulletin - ABIX via COMTEX) -- The Australian Taxation Office has released Draft Taxation Determination TD 2005/D27. The document describes the impact...; Tags: Australian Taxation Office, consolidation, FINANCE, Taxes; Research articles 2005-08-29
[1426] Top 10 CGT rules form the Tax Office, plus SME hotspots.: Byline: Terry Hayes Aug 26, 2005 (Weekly Tax Bulletin - ABIX via COMTEX) -- The Australian Taxation Office has prepared tips for capital gains tax CGT. They include the...; Tags: asset, Australian Taxation Office, FINANCE, Hayes Corp., HotSpot, income, Taxes; Research articles 2005-08-26
[811] Budget's CGT and non-resident changes have a sting for resource and property sectors.: May 27, 2005 (Weekly Tax Bulletin - ABIX via COMTEX) Non-residents will no longer have to pay capital benefit taxes CGT on the sale of most categories of Australian assets. The new rules were announced by the Australian Government in the 2005-06 Budget. However,...; Tags: Deloitte LLP, FINANCE, Taxes; Research articles 2005-05-27
Call to extend foreigners' CGT break.: May 15, 2005 (The Australian Financial Review - ABIX via COMTEX) The Australian Budget of May 2005 contained some tax relief for foreign investors in Australia. In future, the capital gains tax CGT will only be imposed on foreign investors who have bought property in...; Tags: Australia, Deloitte LLP, FINANCE, investor, Taxes; Research articles 2005-05-15
CGT matters.: Aug 04, 2003 (Taxation in Australia - ABIX via COMTEX) The Australian Taxation Office ATO is constantly issuing interpretative decisions IDs. A study of these IDs helps to give taxpayers an idea of the current thinking of the ATO as regards its interpretation of...; Tags: Australian Taxation Office, FINANCE, Taxes; Research articles 2003-08-04
[479] Tax Office again flags CGT compliance issues for individuals.: Byline: Lisa Mak Apr 01, 2007 (Weekly Tax Bulletin - ABIX via COMTEX) -- The Australian Taxation Office ATO has again reported that some taxpayers are still not properly complying with capital gains tax CGT matters. According to the minutes of the National...; Tags: Australian Taxation Office, compliance, FINANCE, Taxes; Research articles 2007-04-01

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