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dc.contributor.authorKenny, Paulen_US
dc.contributor.authorBlissenden, Michaelen_US
dc.date.accessioned2019-02-14T23:43:57Z
dc.date.available2019-02-14T23:43:57Z
dc.date.issued2014-07
dc.identifier.citationThe $6 million net asset value test for small business (2014) 1(3) TAX 58en_US
dc.identifier.issn2203-9481
dc.identifier.urihttps://advance.lexis.com/api/permalink/ ee880271-2e2f-49eb-b94e-524e5d88697c/? context=1201008&federationidp=SFHJ6R50981
dc.identifier.urihttp://hdl.handle.net/2328/38965
dc.descriptionCopyright © 2014 LexisNexis. This article is made available per the publisher's Content Sharing policy.en_US
dc.description.abstractTaxpayers who seek to disregard a capital gain under the small business capital gains tax (CGT) concessions regime are likely to be audited and those who are not formally audited may face a phone review. The Australian Taxation Office’s (ATO’s) focus on a single aspect of this concessional regime is reflected in issues examined in some recent cases. Small business operators and their advisers need to be vigilant in planning for and applying the $6 million maximum net asset value test ($6 million test), an alternative requirement, within the second of the four basic conditions.en_US
dc.language.isoenen_US
dc.publisherLexisNexisen_US
dc.rightsCopyright © 2014 LexisNexis.en_US
dc.subjectsmall business capital gains tax (CGT) concessionsen_US
dc.subjectcapital gains tax (CGT)en_US
dc.subjectSmall businessen_US
dc.subjectTax lawen_US
dc.subjectTax auditen_US
dc.titleThe $6 million net asset value test for small businessen_US
dc.typeArticleen_US
dc.rights.holderLexisNexis.en_US
dc.rights.licenseIn Copyright


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