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Taxation Law
Can a pre-1985 family home be subject to Capital Gains Tax?
A capital gain or loss is the difference between what it cost you to purchase an asset, and what you receive when you sell or dispose of it. Without taking into account legislated discounts, if the amount you sold the asset for is higher than what you purchased it for, you have made a capital gain.

Property Law
Property developers gain a win in the land tax arena!
In a win for property developers, the recent NSW Court of Appeal decision Chief Commissioner of State Revenue v Metricon Qld Pty Ltd [2017] NSWCA 11 (handed down on 17 February 2017) found that land held for future development, but used for grazing, may be exempt from land tax under section 10AA of
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