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Mr. Sprat acquired land in 2012 for $3,000,000 and sold it for 6,000,000. Transaction occurs in 2020. Later in the year he sold another land
Mr. Sprat acquired land in 2012 for $3,000,000 and sold it for 6,000,000. Transaction occurs in 2020. Later in the year he sold another land for $2,000,000 which he acquired for $3,000,000. Calculate the applicable CGT
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