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Required: Advise Tara on the Capital Gains Tax implications regarding the above transactions for the 2020.121 tax year - please ensure that your discussion includes
Required: Advise Tara on the Capital Gains Tax implications regarding the above transactions for the 2020.121 tax year - please ensure that your discussion includes advice on whether and how she can take advantage of the CGT Small Business Concessions to reduce the amount of tax payable on her Capital Gains. Assume that none of the amounts received under the 1 May 2021 agreement constitute ordinary income
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