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Tax consultant provides clarity on in-specie transfers

A tax consultancy business has shed light on what the ATO’s interpretation is likely to be of the use of in-specie transfers as part of the CGT cap for small businesses, following the budget reforms.

Tax consultant provides clarity on in-specie transfers
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  • Shared by AccountantsDaily
  • August 17, 2016
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Tax consulting and educational training provider Darren Wynen from TaxBanter says that following the announced budget changes, the ATO has received a number of private binding ruling applications regarding the interaction of in-specie transfers with the CGT cap.

Read the full story at AccountantsDaily.

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