What cgt events apply to the transactions

Reference no: EM133320591

Question 1: What CGT events (Collectables / Personal Use Assets / Other CGT Assets) apply to the following transactions:

Question 2: Explain your reasons and provide relevant sections of the legislation

{a} You sell shares in ZIP for $5,000. (in) You receive $200,000 in return fer signing a two-year contract to play NRL with the Brisbane Lions. to} You sell your holidayr home in Paris for 953350.000.

(b) You sell your accounting practice for $200,000 and receive an additional $20,000 for agreeing not to open another accounting practice within a 10 km radius for the next two years.

(d) You sell a precious coin for $19,000. You paid $8,000 for the coin in 1980

(e) You sell a diamond ring for $25,000. You paid $12,000 for the ring in 1984.

(f) You sell a vintage car for $35,500. You paid $450 tor the car in $1986

Reference no: EM133320591

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