Nav

Article

Tax triumph for Retirement Village Operators – capital gains treatment overhaul

Attention Retirement Village operators! In a significant development the Australian Taxation Office (ATO) has confirmed that it will now overturn its existing attitude to capital gain payments to outgoing residents of a retirement village. Specifically, the ability for such payments to be classed as deductible is now a very real possibility.

Please download the full document to read more...

Download Full Document 448kb, 2 pages, pdf

Date: November 13 2014

Publication: Insights

Authors: Victoria KurtzeTrevor Edmond

Disclaimer

The content of this newsletter is for general information purposes only and should in no way be treated as formal legal advice.