A concise commentary on capital gains tax and includes relevant legislation.
The Concise Guide to Capital Gains Tax is an easy to understand guide to the complex subject of capital gains tax. It makes use of simple examples to illustrate and clarify key points. It starts with the basic principles and identifies frequently misunderstood areas, explains the law in clear, non-technical terms and cross-references every statement made through footnotes to the Act. The full text of the Eighth Schedule, together with selected extracts from the main body of the Act are included in an appendix, as well as useful exchange rates and listed share values. Updated annually.
Chapter 1 - Outline of capital gains tax
Chapter 2 - Rates of tax and liability for CGT
Chapter 3 - Nature, timing and proceeds of CGT events
Chapter 4 - Calculating the gain or loss on disposal
Chapter 5 - Exemptions and limitations
Chapter 6 - Deferral of CGT: Roll-overs
Chapter 7 - Special rules for particular entities
Chapter 8 - Special rules for particular transactions
Chapter 9 - Miscellaneous issues, anti-avoidance and administration
Appendix A - Examples
Appendix B - Income Tax Act: 8th Schedule and extracts
Appendix C - Exchange rates and listed share values