Capital gains tax update 2006-07 income year

Overview

This information is compiled by the Losses and Capital Gains Tax Centre of Expertise to make you aware of capital gains tax (CGT) developments during the 2006–07 income year. This update is current as at 30 June 2007. If you require details of CGT developments during previous income years, refer to the Capital gains tax update 2005-06, Capital gains tax update 2004–05 and Capital gains tax update 2003–04.

If you are considering a Tax Office publication, please ensure you check its status and relevance.

A current ATO interpretative decision (ATO ID) sets out the indicative view on an interpretative issue (see Law Administration Practice Statement PS LA 2001/8: ATO Interpretative Decisions). A public ruling provides the Commissioner’s interpretation of the law that the Commissioner administers and binds the Commissioner if the ruling applies to the entity and the entity relies on it (see Taxation Ruling TR 2006/10: Income tax, fringe benefits tax and product grants and benefits: public rulings).

Last Modified: Tuesday, 6 October 2009