Part H: Net capital gain calculation
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In part H you show the amount of your entity's net capital gain.
Your entity's net capital gain is the amount remaining after applying any current year capital losses, net capital losses from prior years, capital losses transferred in, the CGT discount and any applicable CGT small business concessions.
A net capital gain is included as assessable income on your entity's income tax return at the relevant item. See step 3.
Last modified: 04 Mar 2016QC 27527