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.

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Date: November 13 2014

Publication: Insights

Author: Victoria Kurtze


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