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  • The CGT discount



    This information may not apply to the current year. Check the content carefully to ensure it is applicable to your circumstances.

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    If a CGT event happens in relation to a CGT asset after 11.45 am on 21 September 1999 and you acquired the asset at least 12 months before the CGT event, you may be entitled to discount the capital gain after applying capital losses. The discount percentage for an individual or trust is 50 per cent and for a complying superannuation entity it is 33 1/3 per cent. Companies are not eligible for the CGT discount.

    Last modified: 18 Sep 2009QC 18323