Capital Gains on Client Base Sale

bo2dev Tax

I have a Corporate Client who is selling off part of a Client Base and I’m unsure of the Tax Consequences, although it does appear to be a CGT Event. The Sale Price is expected to be $175,000. A Cost base is yet to be established, but it will probably be between $40,000 and $80,000. It’s all Goodwill. The ATO ...

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