DaisyChain,are siden ttax payer,sold the following CGT assets during the2O21/22 tax year: COST ACQUISITION DISPOSAL SALE ASSET

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DaisyChain,are siden ttax payer,sold the following CGT assets during the2O21/22 tax year:

COST ACQUISITION DISPOSAL SALE

ASSET BASE DATE DATE PRICE

Jewellery $400 3JulO7 11Jun22 $1,1OO

Artwork $3,5OO 12Sep12 18May 22 $26,OOO

Rare Medallion $8,4OO 19Jan16 29Sep21 $10,400

Butterfly Collection $95O 8May17 16Dec21 $2,45O

Stamp Collection $1,2OO 24Feb14 6Nov21 $4,000

Determine the minimum amount of capital gains that Daisy is able to include as assessable income in her2O21/22 income taxr eturn.

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International Accounting

ISBN: 978-0078110955

3rd Edition

Authors: Timothy Doupnik, Hector Perera

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Posted Date: Apr 09, 2024 12:41 AM

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DaisyChain,are siden ttax payer,sold the following CGT assets during the2O21/22 tax year: COST ACQUISITION DISPOSAL SALE ASSET

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DaisyChains Capital Gains Tax CGT for 202122 Tax Year Daisy needs to calculate her capital gain for ... View the full answer

International Accounting

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