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  • Step 5-Applying the CGT discount



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

    End of attention

    Where available, you can now apply the CGT discount to any remaining grossed-up capital gains by reducing those capital gains by 50%.


    Tim calculates 50% of his capital gain (after applying capital losses) to which the CGT discount can apply:

    $600 × 50% = $300.

    Tim has a capital gain of $300.

    End of example

    Note: Applying the CGT discount

    Remember, you cannot apply the CGT discount to indexation method or 'other' method capital gains distributed from the fund.

    Last modified: 06 Oct 2009QC 16182