Question
Your net capital gain in an income year is equal to: Select one: Your total proceeds for the year less the total cost base for
Your net capital gain in an income year is equal to:
Select one:
Your total proceeds for the year less the total cost base for all assets sold during the year (minus any CGT discount).
Your total indexed and discount capital gains for the year less your total capital losses (including any net capital losses from previous years) less any CGT discount and CGT small business concessions to which you are entitled.
Your total capital proceeds for the year less any CGT discount and CGT small business concessions to which you are entitled.
None of these
Your total capital gains for the year less your total capital losses (including any net capital losses from previous years).
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