Income Taxes & Capital Gains Tax Valuations

Capital Gains Tax Valuations Melbourne

Capital Gains Tax Valuations


Property Valuation for CGT purposes ato

Mitchell & Taylor undertake Taxable Australian Property (TAP) market valuations for Capital Gains Taxation (CGT) purposes. Of course, property valuation for tax purposes requires a complete understanding of the assessment act. This is found in the capital gains tax property valuation report.


SECTION 855-20 of the Income Tax Assessment Act 1997 states:


A CGT asset is taxable Australian real property if it is:


(a) real property situated in Australia (including a lease of land, if the land is situated in Australia); or
(b) a mining, quarrying or prospecting right (to the extent that the right is not real property), if the minerals, petroleum or quarry materials are situated in Australia.

Retrospective Valuation for CGT

Our valuers have been engaged as expert witnesses for CGT disputes and have provided expert valuation testimony to Australian Courts. We understand the critical nature of Capital Gains Tax Valuations and provide highly detailed reporting of our findings.

Contact us now to find out more about how our team can assist with your Capital Gains Tax Valuations.