Developing a Method for Determining the Cost Base for Capital Gains Tax An Australian Perspective

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11 pages and 10 sources used. This paper provides an overview of the methods use for determining the cost base for capital gains tax, with a focus on the way in which Australia has addressed this in the past. This paper considers the fact that in Australia, capital gains taxes are assessed as a part of an indivdual's general income. This paper considers some specific calculations that could determine a better way for shaping an assessment of the cost base.