SUPDIY042.doc
This article briefly explains CGT and how SMSF trustees might manage the potential CGT liability within their fund.
When you dispose of an asset and make a capital gain, you may be liable for extra tax. There is no separate tax rate for capital gains. Instead, some or all of the capital gain is added to your assessable income and taxed along with your other income at your marginal tax rate.
Capital Gains Tax (CGT) – generally speaking...
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