Search for     
ato.gov.au        Individuals section only        
Advanced search
Search tips
 

Summary of capital gains tax events

 
 Increase text size  Decrease text size
 

Shares

CGT event

Time of event

Capital gain

Capital loss

G1

Capital payment for shares

when the company pays a non-assessable amount

payment less the cost base of shares

no capital loss

G3

Liquidator or administrator declares shares or financial instruments worthless

when declaration is made

no capital gain

shares' or financial instruments' reduced cost base

Last Modified: Thursday, 28 June 2012

 
Give us your feedback
 
Top of page
More information on page