Guide to capital gains tax 2005

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Publications

Publications referred to in this guide are:

• AMP Group demerger: How it affects Australian resident shareholders (NAT 11101)
• Capital allowances schedule instructions 2005 (NAT 4089 - 6.2005)
• Capital gains tax (CGT) schedule 2005 (NAT 3423 - 6.2005)
• Company tax return 2005 (NAT 0656 - 6.2005)
• Consolidation reference manual
• Employee share schemes - answers to frequently asked questions by employees
• Fund income tax and regulatory return 2005 (NAT 0658 - 6.2005)
• General value shifting regime in brief (NAT 8933)
• Guide to capital gains tax concessions for small business (NAT 8384)
• Guide to depreciating assets 2005 (NAT 1996 - 6.2005)
• Guide to the general value shifting regime
• Personal investors guide to capital gains tax 2005 (NAT 4152 - 6.2005)
• Rental properties 2005 (NAT 1729 - 6.2005)
• Tax return for individuals (supplementary section) 2005 (NAT 2679 - 6.2005)
• Tax return for retirees 2005 (NAT 2597 - 6.2005)
• Trust tax return 2005 (NAT 0660 - 6.2005)
• Venture capital concessions (capital gains tax) - overview
• You and your shares 2005 (NAT 2632 - 6.2005)
• Class Ruling CR 2002/59 - Income tax: Compensation payments for Holocaust survivors and their relatives - remembrance, responsibility and future foundation
• Taxation Ruling TR 92/3 - Whether profits on isolated transactions are income
• Taxation Ruling TR 2002/10 - Capital gains tax: assets register.
• Taxation Ruling TR 2004/18: - Income tax: capital gains: application of CGT event K6 (about pre-CGT shares and pre-CGT trust interests) in section 104-230 of the Income Tax Assessment Act 1997
• Taxation Determination TD 2004/30 - Capital gains: do input tax credits reduce a CGT asset's cost base and reduced cost base, worked out under sections 110 - 25 and 110 - 55 of the Income Tax Assessment Act, and other equivalent amounts used in working out a capital gain or loss from a CGT event that happens in respect of the asset on or before 19 February 2004 ?
• Taxation Determination TD 2005/13 - Income tax: capital gains: if there is a change in the majority underlying interests in an asset owned by an entity, does the entity's ownership of the asset start from the change in majority underlying interests for the purpose of applying the tests in paragraphs 152-110(1)(b) and (c) of the Income Tax Assessment Act 1997?
• Taxation Ruling TR 2005/6: Income tax: lease surrender receipts and payments
• Draft Taxation Ruling TR 2004/D25 - Income tax: capital gains: meaning of the words 'absolutely entitled to a CGT asset as against the trustee of a trust' as used in Parts 3-1 and 3-3 of the Income Tax Assessment Act 1997
• Taxation Ruling TR 2005/9: Income tax: record keeping - electronic records
• Draft Taxation Ruling TR 2004/D17: Income tax and capital gains tax: tax consequences of financial contracts for differences
• Draft Taxation Ruling TR 2005/D2: Income tax: Listed investment companies
• Draft Taxation Determination TD 2005/D4 - Does expenditure - which is a non-capital cost of ownership of a CGT asset - form part of the cost base of the asset, if it is a tax benefit in connection with a scheme to which the general anti-avoidance rules in Part IVA of the Income Tax Assessment Act 1936 apply?
• fact sheets for shareholders listed in appendix 4 .

To get any publication referred to in this guide:

• visit our website at www.ato.gov.au/publications
• phone our Publications Distribution Service on  1300 720 092 , or
• visit one of our shopfronts .

Lodge online with e-tax

Looking for an easy and convenient way to do your tax return? Try e-tax - available free from the Tax Office website.

You can use e-tax to:

• prepare your tax return electronically in a secure online environment
• calculate items such as your net capital gain
• work out your tax refund or tax debt.

e-tax is available from 1 July 2005.

Tax returns lodged using e-tax are usually processed in 14 days.

Last Modified: Monday, 5 September 2005

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ATO references:
NO NAT 4151