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Q2 There are 4 parts to Question 2 each worth 3 marks. Total = 12marks. 12 Points Identify which 'CGT event most likely to apply
Q2 There are 4 parts to Question 2 each worth 3 marks. Total = 12marks. 12 Points Identify which 'CGT event most likely to apply under each of the following 4 scenarios which occurred during 2020-21 income year AND explain the CGT consequences that arise from the CGT event. Q2.1 3 Points A resident individual who is head chef of a popular restaurant receives a sum of money from his employer for agreeing not to work for a rival restaurant or to set up his own restaurant in the same town for 2 years. Enter your answer here Q2.2 3 Points A resident individual who sells his holiday home in Tasmania which he purchased in September 1989. Enter your answer here Q2.3 3 Points A resident individual sells his share investment in Microsoft Corporation (a US stock listed on NASDAQ Stock Exchange, New York) which he purchased in March 1998. Enter your answer here Q2.4 3 Points A non-resident individual sells an apartment in Docklands, Melbourne. The apartment was held as an investment property since April 2018. Enter your answer here
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