• Table 1: Products based on the nature of the transaction or event

    Nature of transaction

    Examples of tax context

    ATO products (not exhaustive)

    Capital gains tax (CGT) events generally

    Wherever market value is required

    TD 10WExternal Link: Capital Gains: What are acceptable valuations for CGT purposes?

    TD 97/1External Link: Income tax: property development: if land, originally acquired as a capital asset, is later ventured into a business of development, subdivision and sale, how is the market value of the land calculated at the time it is ventured into the business?

    Transfers to related parties

    Transferring real estate to family or friends.

    Defining an asset

    TR 2004/13External Link: Meaning of an asset for the purposes of Part 3-90 of the Income Tax Assessment Act 1997

    Share buy-backs

    Valuing shares in buy-backs

    TD 2004/22External Link: Income tax: for Off-Market Share Buy-Backs of listed shares, whether the buy-back price is set by tender process or not, what is the market value of the share for the purposes of subsection 159GZZZQ(2) of the Income Tax Assessment Act 1936?

    PS LA 2007/9External Link: Share buy-backs.

    Unlisted shares for ESS schemes

    Form for completion by a registered company auditor.

    Declaration of the value of unlisted shares.

    Trading stock

    Valuation of land as trading stock in property development

    Valuation of land that is ventured into a property development

    TD 92/132External Link: Income tax: property development: if land is trading stock, do related interest costs, council rates and land taxes, form part of the cost price for trading stock valuation purposes?

    TD 97/1External Link: Income tax: property development: if land, originally acquired as a capital asset, is later ventured into a business of development, subdivision and sale, how is the market value of the land calculated at the time it is ventured into the business?

    Allocation of value to underlying assets

    Disposals and transfers of more than one asset for a single undivided amount

    TD 9External Link: Capital gains: How do you apportion consideration received on the disposal of a composite asset?

    GST margin scheme

    Valuing partially completed developments

    GSTR 2000/21External Link: Goods and services tax: the margin scheme for supplies of real property held prior to 1 July 2000

    GSTR 2006/7External Link: Goods and services tax: how the margin scheme applies to a supply of real property made on or after 1 December 2005 that was acquired or held before 1 July 2000

    GSTR 2006/8External Link: Goods and services tax: the margin scheme for supplies of real property acquired on or after 1 July 2000

    Consolidated entities

    Consolidation events generally – including entries, exits, cost base setting and determining the allowable fraction

    TR 2005/17External Link: Income tax: goodwill: identification and tax cost setting for the purposes of Part 3-90 of the Income Tax Assessment Act 1997

    TD 2007/1External Link: Income tax: consolidation: in working out the market value of the goodwill of each business of an entity that becomes a subsidiary member of a consolidated group, should the value of related party transactions of each business of the entity be recognised on an arm's length basis?

    TD 2007/27External Link: Income tax: consolidation: is the cost base of the goodwill referred to in subsection 711-25(2) of the Income Tax Assessment Act 1997 limited to the cost base of goodwill under subsection 705-35(3) of that Act?

    Self-managed superannuation funds

    Valuing fund assets

    Valuation Guide for Self-managed super funds: Self-managed superannuation funds

    Research and development concession

    Value of contributions to R&D

    IT 2451External Link: Guide to the research and development tax concession – paragraphs 12-14

    Fringe benefits tax

    Car parking fringe benefits

    TR 96/26External Link: Fringe benefits tax: car parking fringe benefits – paragraphs 46 and 50

      Last modified: 01 Jul 2015QC 21245