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Roll-overs

Last updated 24 February 2020

Roll-over allows a capital gain or capital loss to be deferred or disregarded until a later CGT event happens. The types of roll-over available are listed in the next column; however, only the following four types are covered in this guide. If you would like information on the other roll-overs, please contact the Australian Taxation Office.

Marriage breakdown

In certain cases where an asset is transferred from one spouse to another after their marriage breakdown, any CGT is deferred until a later CGT event happens (for example, when the former spouse sells the asset to someone else). For more examples of how CGT obligations are affected by marriage breakdown, see chapter 8.

Loss, destruction or compulsory acquisition of an asset

You may defer a capital gain in some cases where a CGT asset has been lost or destroyed or is compulsorily acquired (see chapter 7).

Scrip-for-scrip

You may also be able to defer a capital gain if you dispose of your shares in a company or interest in a trust as a result of a takeover (see Takeovers and mergers).

Demergers

You may also be able to defer a capital gain or capital loss if a CGT event happens to your shares in a company or interest in a trust as a result of a demerger (see chapter 5).

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