Tax integrity - enhancing the integrity of concessions in relation to partnerships

This consultation process has now been completed.

Key Documents

In the 2018-19 Budget as part of its tax integrity package, the Government announced that, from 7:30PM (AEST) on 8 May 2018, the tax law would be amended so that partners that alienate their income by creating, assigning or otherwise dealing in rights to the future income of a partnership will no longer be able to access the small business capital gains tax (CGT) concessions in relation to these rights. The Government is seeking stakeholders’ views on the exposure draft legislation and accompanying explanatory materials implementing this Budget announcement.


No submissions are currently available.