You’re in the right place. New look, same Tax Nuggets.
Explore the active asset test and additional conditions for Small Business CGT Concessions when selling company or trust interests.
In this event, we cover:
Recap from last session
Active Assets Test
What is an active asset?
Intangible assets
Shares or trust interests
Exclusions
Minimum holding period
CGT concession stakeholders and significant individual tests
Entity selling test
Direct Small Business Participation Percentage (SBPP)
Indirect Small Business Participation Percentage (SBPP)
Additional conditions
Shares and trust interests
Partnership interests
Strategies for SMEs
Common traps