|Capital gains tax - disposal of property or shares|
In late June 2012, we will be writing to taxpayers who have been identified through information provided to us, as having sold assets such as shares or property and may have made a capital gain or loss.
If one of your clients has been selected for this mailout, we will send you a letter in advance that will include:
The letters we will be sending out are part of ongoing work to raise awareness about capital gains tax obligations.
We encourage you to review and discuss with your clients if they have made a capital gain or capital loss for all sales or disposals as the list provided is not exhaustive, and to include this when preparing and lodging their 2011-12 tax returns.
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