The Gatekeeper to Small Business Capital Gains Concession Eligibility. An Active Asset is a key technical definition in the eligibility criteria for all small business capital gains tax concessions and must be an asset used in the course of carrying on a business. Eichmann v Commissioner of Taxation [2020] FCAF...
An Active Asset: Mr Eichmann and his block of land
The Gatekeeper to Small Business Capital Gains Concession Eligibility. An Active Asset is a key technical definition in the eligibility criteria for all small business capital gains tax concessions and must be an asset used in the course of carrying on a business. Eichmann v Commissioner of Taxation [2020] FCAF...