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  1. westminster

    Tax implications of developing triplex?

    Option 1 is wrong I think. Its either CGT or GST and income tax (if in personal name) or GST and company tax (if in company name). Not both. Sell all 3 and you are in GST plus income tax land. Option 2 is done pro rata I believe. So 1/3 of the cost is attributed to the profit for the 1...
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