CGT: Focus on Current Issues in Practice
Presenters : Carmen Westermeyer
Overview
Capital gains tax (CGT) often arises from once-off transactions, but its impact is substantial as it directly affects taxpayers’ assets. While it is not a tax encountered daily, the consequences of misapplying CGT rules can be severe. This video provides participants with a practical overview of key CGT principles, the latest developments in case law, and the issues experienced in practice.
Video Content
This session covers:
- A refresher on the fundamental principles of CGT.
- An overview of recent case law shaping CGT application.
- Current challenges and practical concerns in the CGT space.
- Practical insights for advisors on managing CGT in once-off transactions.
Competencies Developed
By watching this video, participants can:
- Revisit and apply the core principles of CGT with confidence.
- Interpret and incorporate recent CGT-related case law into practice.
- Identify and address issues and risks associated with CGT.
- Provide more accurate, up-to-date advice to taxpayers on once-off transactions involving capital assets.