What is the acquisiton date for a property for CGT?

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Taxduck · Answer

Neither. The transfer of property due to marital breakdown, while a CGT event, is eligible for CGT rollover. CGT would only need to be considered when the property is sold. https://www.ato.gov.au/individuals-and-families/investments-and-assets/capital-gains-tax/relationship-breakdown-and-capital-gains-tax/calculating-cgt-on-a-rollover-asset Acquisition date would either be date of purchase or date it first became income producing.

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