• Excepted net capital gain of a minor
    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

    Include the amount of any excepted net capital gain of a minor at A and provide a statement on a separate sheet of paper:

    • detailing the distribution of excepted net capital gains to each beneficiary, and
    • listing each beneficiary who is considered to be an excepted person, giving supporting reasons.

    Attach this statement to the tax return and print X in the Yes box at Have you attached any ‘other attachments’? at the top of page 1 of the tax return.

    For an explanation of excepted income and excepted person, see appendix 9.

    Last modified: 21 Jan 2016QC 44346