Show download pdf controls
  • Purchase or sale of a business during the income year



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

    End of attention

    Keep a record of the following:

    • the name and address of the other party to the transaction
    • the purchase or sale price, including details of the allocation of purchase or sale price to all items purchased or sold, including stock on hand and depreciating assets
    • a copy of the contract of purchase or sale.
    Last modified: 12 Feb 2019QC 35433