All Topics / Legal & Accounting / CGT 50% Discount

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  • Profile photo of janpeajanpea
    Member
    @janpea
    Join Date: 2008
    Post Count: 1
    May 26, 2012 - 12:56 am

    Hi All

    We have bought a turnkey house and land package. We signed up for the land in May. As titles are not expected until August, settlement will be then. Assuming the house is completed around next May when will the 50% CGT discount apply?

    Profile photo of TerrywTerryw
    Participant
    @terryw
    Join Date: 2001
    Post Count: 16,213
    May 26, 2012 - 4:46 am

    date of contract usually

    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

Viewing 2 posts - 1 through 2 (of 2 total)

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