TR 2019/2 – Trusts arrangements that purport to avoid CGT on an asset, eventually passed to a third party, by exploiting the subdivision 126-G restructure rollover

On 31 October 2019, the ATO released TR 2019/2, which covers its concerns with unit trust arrangements, that purport to avoid CGT on transactions that eventually pass ownership of an asset, to a third party, without an CGT, by exploiting the subdivision 126-G restructure rollover.

See below for further details.

[Tax Month – November 2019]