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CASE STUDY -1 INTRODUCTION: For the application program of Capital Increase Taxation (CGT) victuals under the Australian taxation system, the happening of letter a CGT event is must. The almost common capital increase tax event is a sale of assets. These assets may be broadly speaking the either the real estate operating theater the shares.
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Where the owner of the property is in long term care or a disabled person, and meets the necessary conditions, they benefit from a cgt exemption for the last 36.
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Last Update: Oct 2021
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