tAssess what CGT events apply to the following transactions: a) You sell shares in Shell for...
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tAssess what CGT events apply to the following transactions: a) You sell shares in Shell for $5,000. b) You sell your holiday home at Gold Cost for $750,000 The answer should be as per the Australian taxation rules and policies with relevant sections. I have posted questions earlier as well but didn't get right answer. They would tell me numbers for tax but answer would be $0. So please have a look carefully and in details. Thank you tAssess what CGT events apply to the following transactions: a) You sell shares in Shell for $5,000. b) You sell your holiday home at Gold Cost for $750,000 The answer should be as per the Australian taxation rules and policies with relevant sections. I have posted questions earlier as well but didn't get right answer. They would tell me numbers for tax but answer would be $0. So please have a look carefully and in details. Thank you
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In order to answer this question first we need to define what are CGT Capit... View the full answer
Related Book For
Using Financial Accounting Information The Alternative to Debits and Credits
ISBN: 978-1133161646
7th Edition
Authors: Gary A. Porter, Curtis L. Norton
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