Show Notes
In this episode of Under the Hood, journalist Carlos Tse is joined by tax experts Lee-Ann Hayes and Michael Carruthers to unpack some of the most asked questions about the government's CGT changes. Exploring the practical challenges surrounding option arrangements, instalments versus earnouts, partition arrangements, and foreign income tax offsets, Lee and Michael also discuss the complexities and upcoming challenges arising from the government's latest CGT and negative gearing reforms. Tune in to hear more about: How CGT event D2 applies when options are granted, renewed, or extended. Why understanding the difference between instalment arrangements and earnouts matters for CGT. The interaction between small business CGT concessions and earnout arrangements. How unexpected CGT liabilities can arise from partitioning jointly owned properties. The interaction between foreign income tax offsets and Australia's CGT rules, and differing tax years overseas.
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