Effect of GST on cost base and capital proceeds



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

End of attention

Changes have been made to the rules for working out capital proceeds, cost base and reduced cost base for taxpayers who are registered for GST. These changes are to apply on or after 1 July 2000. For further information see If capital gains tax affects you, how do you work it out?


Throughout this publication 11.45 am legal time in the ACT on 21 September 1999 (also known as 'the start time') will be referred to as 11.45 am on 21 September 1999.

Last modified: 18 Sep 2009QC 18323