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MADoo1947(Newbie)Newbie
29 June 2023

My husband's shares in several companies have been transferred to joint names, so he has effectively retained 50% ownership. I know how to enter CGT information on shares that were sold, but am unsure how to deal with the the fact that he retains 50% ownership.

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311 views
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Bruce4Tax(Taxicorn)Taxicorn
29 June 2023

retained 50% ownership.


Not a disposal for CGT.


transferred to joint names


Means half the shares were disposed to you for market value on the date of transfer.


Cost base = half of the original cost base.


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Most helpful reply

Bruce4Tax(Taxicorn)Taxicorn
29 June 2023

retained 50% ownership.


Not a disposal for CGT.


transferred to joint names


Means half the shares were disposed to you for market value on the date of transfer.


Cost base = half of the original cost base.


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How do I calculate CGT on shares transferred from my husband to joint names | ATO Community