Category C: Reportable transactions or events

You have a material category C RTP that you must disclose if all of the following apply:

• you have a CGT event during your 2015–16 income year
• your capital proceeds from the CGT event exceed A$200 million
• your accounting outcome and tax outcome from the CGT event are covered by an item in table 1 immediately below
• the difference between your accounting outcome and your tax outcome covered by an item in table 1 below exceeds your materiality amount.

Table 1: Accounting and tax outcomes

Item	Accounting outcome For accounting purposes…	Tax outcome And for tax purposes…
1.	You make a profit.	You make an adjusted capital gain that is less than half your profit You make an adjusted capital loss, or You do not make an adjusted capital gain or an adjusted capital loss.
2.	You make a loss.	You make an adjusted capital loss that is more than twice your loss.
3.	You do not make a profit or a loss.	You make an adjusted capital loss.

Where you have related CGT events, you must apply the above as if the related CGT events were one CGT event. This means for each related CGT event you aggregate the:

• capital proceeds
• profits and losses
• adjusted capital gains and adjusted capital losses.

You do not aggregate CGT events that are not related – each CGT event or group of related CGT events must be separately disclosed.

You have to disclose all material category C RTPs.