All Topics / Creative Investing / CGT and wrap

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  • Profile photo of kendo5181kendo5181
    Member
    @kendo5181
    Join Date: 2005
    Post Count: 27
    August 5, 2005 - 6:37 am

    If I wrap a property I have had for many years, when do I have to pay CGT and on what amount?[confused2]

    Profile photo of TerrywTerryw
    Participant
    @terryw
    Join Date: 2001
    Post Count: 16,213
    August 7, 2005 - 3:09 pm

    Thats a difficult question. There have been several taxation rulings early last year on this. I can give you the relevent details in a few weeks when I return to Sydney – currently in Thailand.

    Also look at http://www.bantacs.com.au, I beleive there is an article on that site too,.

    Terryw
    Discover Home Loans
    North Sydney
    [email protected]

    Terryw | Structuring Lawyers Pty Ltd / Loan Structuring Pty Ltd
    http://www.Structuring.com.au
    Email Me

    Lawyer, Mortgage Broker and Tax Advisor (Sydney based but advising Aust wide) http://www.Structuring.com.au

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