Taxation Law: CGT on Sale of Assets and Depreciation Deduction

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Added on 2022/10/14

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This document explains the application of CGT on the sale of assets such as main house, car, cleaning business, furniture, and paintings. It also discusses the deduction for depreciation under Division 40, ITAA 1997 of certain assets that are used for generating taxable income.

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Taxation Law: CGT on Sale of Assets and Depreciation Deduction

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