Blog categorized as CGT

The High Court has refused special leave for AusNet Services Limited to appeal against the Full Federal Court’s decision in [2025] FCAFC 21.

That refusal effectively ends the dispute and locks in an important reminder about how Division 615 interacts with the ...

In a blow to small business owners banking on CGT concessions, the AAT has ruled in The Trustee for the Whitby Trust v Commissioner of Taxation [2025] AATA 788 that a property held for passive purposes did not meet the Active Asset Test under the small business CGT concessions.