Show download pdf controls
  • Part P (for companies only)

    Attention

    Warning:

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

    End of attention

    During the income year, did a CGT event happen to a share in, or loan to, another company in the same wholly owned group, where that other company (or a company in which it had a direct or indirect interest) had previously transferred a tax loss or a net capital loss to any company in the group?

    Print Y for yes or N for no at T.

    If the answer at R is yes, show at U the total amount by which the company reduced the cost bases of such assets.

    During the income year, did a CGT event happen to an asset of the company that was a share in, or a loan to, another company in the same wholly owned group, where a company in the group had previously transferred a tax loss or a net capital loss to that company (or a company in which it had a direct or indirect interest)?

    Print Y for yes or N for no at V.

    If the answer at V is yes, show at W the total amount by which the company adjusted the cost bases of such assets.

    After following all these steps, you have completed your entity's CGT schedule.

    Remember to lodge the CGT schedule with your entity's tax return.

    Do not lodge your worksheets - keep these with your own records.

    Last modified: 04 Mar 2016QC 27527