• Complete the capital gains item on your entity’s tax return

    In the earlier steps, you calculated your capital gain or capital loss for each capital gains tax (CGT) event then worked out your net capital gain or net capital loss.

    You must record the details of your entity’s net capital gain, or net capital losses carried forward to later income years, at the appropriate labels on its income tax return.

      Last modified: 21 Jun 2016QC 16983