This guide only covers basic capital gains tax issues relating to shares and managed funds for personal investors and is not designed to cover all circumstances.
For the ATO's most up-to-date and comprehensive information about capital gains tax, visit our website at www.ato.gov.au
You may also find the following publications useful:
- Guide to capital gains tax 2002 (NAT 4151-6.2002)
- Capital gains tax concessions for small business (NAT 3359-6. 2000)
- You and your shares (NAT 2632-6.2002).
If you need further information:
- request A Fax from Tax on 13 28 60
- ring the ATO on 13 28 61 or
- seek advice from a professional tax adviser.
If you do not speak English and need help from the ATO, ring the Translating and Interpreting Service (TIS) on 13 14 50.
People with a hearing or speech impairment can ring the Telephone Typewriter Service on 1300 130 478.
If you sold shares or units in a unit trust, or received a distribution of a capital gain from a managed fund, this guide explains your tax obligations. (NAT4152-06.2002)