What CGT events apply to the following transactions? o You sell shares in Flight Centre Limited (ASX:FLT) for $15,000 o You receive $100,000 in return for signing a three-year contract to play AFL with the Brisbane Lion o You sell your investment property at Mango Hills for $450,000. o You sell your Indian restaurant for $100,000 and receive an additional $20,000 for agreeing not to open another restaurant within a 10 km radius for the next three years. o You pay Daniel $25,000 for the option to purchase his butcher shop in three years’ time. In three years’ time you exercise the option to purchase Daniel’s butcher shop for $110,000. o You sell a piece of antique for $20,000. You paid $12,000 for the piece of antique in 1984
What CGT events apply to the following transactions?
o You sell shares in Flight Centre Limited (ASX:FLT) for $15,000
o You receive $100,000 in return for signing a three-year contract to play AFL with the
Brisbane Lion
o You sell your investment property at Mango Hills for $450,000.
o You sell your Indian restaurant for $100,000 and receive an additional $20,000 for
agreeing not to open another restaurant within a 10 km radius for the next three
years.
o You pay Daniel $25,000 for the option to purchase his butcher shop in three years’
time.
In three years’ time you exercise the option to purchase Daniel’s butcher shop for
$110,000.
o You sell a piece of antique for $20,000. You paid $12,000 for the piece of antique in
1984
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