A recent determination by the ATO, TD 2021/2, confirms company Capital Gains Tax (CGT) concessions apply to “active” business assets only. Income from rental properties is defined as “passive.” Accordingly, “passive” rental assets are excluded from the company CGT concessions.
For property investors intending to invest in a property only, a company may not be the best legal structure to use.
For sound advice on business structures, connect with one of our business consultants today.

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