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Capital Gains Tax and document retention
Makes sense, thanks for the comments.- VYBerlinaV8
- Post #7
- Forum: Accounting and Tax
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Capital Gains Tax and document retention
Hi All - sorry if this has been covered before, I couldn't find it using search... If I own an asset for greater than 7 years, can the ATO compel me to produce documents showing the purchase price, or can I hide behind the argument of 'only keeping records for 7 years'? I'm not planning to...- VYBerlinaV8
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- Replies: 8
- Forum: Accounting and Tax