ato

 
 
Show download pdf controls
Show print controls

  • Amalgamation of title

    Attention

    Warning:

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

    End of attention

    The amalgamation of the titles to various blocks of land that you own does not result in a CGT event happening.

    Land you acquire before 20 September 1985 that is amalgamated with land acquired on or after that date retains its pre-CGT status.

    Example – Amalgamation of title

    On 1 April 1984, Robert bought a block of land. On 1 June 1999, he bought another block adjacent to the first one. Robert amalgamated the titles to the two blocks into one title.

    Robert is taken to have two separate assets. The first block continues to be treated as a pre-CGT asset.

    End of example
    Last modified: 04 Mar 2016QC 27527