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  • How CGT affects FMIS interests of subsequent participants



    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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    You can hold your forestry interest in one of two ways:

    • on revenue account (for example, if you are in the business of trading forestry interests), or
    • on capital account.

    If you hold your forestry interest on revenue account, there will be no CGT implications for the purchase and sale of your interest.

    If you hold your forestry interest on capital account, then the CGT treatment of your forestry interest is discussed below.

    Last modified: 08 Jul 2013QC 25657