From: J Parker
Yawn.. What a boring topic!
But,hopefully someone with experience can answer my question, regardless!
I am aware that the rules involving CGT and trusts may have changed in recent times. Can someone tell me is CGT taxed at the same rate in a trust situation as personal ownership? For eg:
If I buy and sell company owned property (co. as trustee) within a year am I liable for CGT at the marginal tax rate or at company rate? If company, then what are the current rates?
Cheers, Jacque
Yawn.. What a boring topic!
But,hopefully someone with experience can answer my question, regardless!
I am aware that the rules involving CGT and trusts may have changed in recent times. Can someone tell me is CGT taxed at the same rate in a trust situation as personal ownership? For eg:
If I buy and sell company owned property (co. as trustee) within a year am I liable for CGT at the marginal tax rate or at company rate? If company, then what are the current rates?
Cheers, Jacque
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