Originally posted by gus1970:
Hi finance gurus,

My partner and I have purchased a large parcel of land in Newcastle NSW which we are in the process of subdividing into 8 large lots each approximately 1500m2. We purchased the property using a corporate trustee linked to a discretionary trust. We borrowed the full purchase price and offered…[Read more]

I have seven cf+ rpoperties for sale in Q. if ur interested email me on csduty at yahoo.com
[grad]

Church of The Holy Smokers
[email protected]

I have seven cf+ rpoperties for sale in Q. if ur interested email me on csduty at yahoo.com
[grad]

Church of The Holy Smokers
[email protected]

NO CGT ON INVESTMENT PROPERTIES??????
Federal Court of Australia
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Re: WESTFIELD LIMITED And: COMMISSIONER OF TAXATION No N G545 of 1990 FED No. 97 Income Tax
COURT
IN THE FEDERAL COURT OF AUSTRALIA
NEW SOUTH WALES DISTRICT REGISTRY
GENERAL DIVISION
Lockhart(1), Gummow(2) and Hill(3) JJ.
HRNG
SYDNEY
#DATE…[Read more]

Another viewpoint. Westfield challenged the ATO on an investment property that it bought and sold. They argued that because it was an investmnet property it was an active asset and therefore was not subject to CGT. Westfield won and did not pay CGT because it was an investment proerty.
This may mean that all investment propertites may be…[Read more]

ph max collins 07 3863 1373
regards
spiros

Church of The Holy Smokers
[email protected]