ArkyC replied to the topic % ownership of IP in the forum Legal & Accounting 19 years, 7 months ago
Thanks Derek,
Yes, the property is in Victoria. I actually contacted the ATO and the only way I can claim 100% is to:
Buy my wife’s share but she will need to pay CGT as you mentioned. I guess the question is, if she doesn’t have an income, and CGT is based on your taxable income, does she pay any CGT at all?
The accountant I chose is crap,…[Read more]