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  • General value shifting regime (GVSR)



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

    End of attention

    If you own shares in a company or units (or other fixed interests) in a trust, you may be affected by value shifting rules. These rules may apply to you if:

    • you have interests in a company or trust in which equity or loan interests have been issued or bought back at other than market value, or varied such that the values of some interests have increased while others have decreased (direct value shifts on interests), or
    • you have interests in an entity whose dealings (such as providing loans or other services, or transferring assets) with another entity are neither at market value nor arm's length and both entities are under the same control or ownership (indirect value shifting).
    Further Information

    For more information on how the GVSR rules may apply to you, see the publications General value shifting regime: who it affects and Guide to the general value shifting regime (NAT 8321).

    End of further information
    Last modified: 08 Jul 2013QC 25657