SPECIALIST LIABILITY RULES
CAPITAL GAINS AND LOSSES: SPECIAL TOPICS
Roll-over for the disposal of assets to, or the creation of assets in, a wholly-owned company
Disposal or creation of assets by partners to a wholly-owned company
What this Subdivision is about
This Subdivision sets out when the partners in a partnership can obtain a roll-over on transferring a CGT asset, or all the assets of a business, to a company. It also deals with the creation of a CGT asset in a company. There are consequences for the company also.