Page 26 - F6 - Capital Gains Tax - Base Cost

May only select MV where:

- Asset has been valued within 3 years after

1 Oct 2001 OR
- Price of the asset was published by the

Commissioner in the Gazette OR

Taxpayer - the asset was acquired from a spouse who
elects VDV had adopted the market value in terms of

this provision

AND

If expenditure before valuation date
can not be determined:

Yes No May NOT select TAB

Proof of expenditure is required. Before 1

Oct 2001 - did not retain documentation to
verify expenditure incurred, as CGT was not
Loss-limitation levied yet. Original evidence of expenditure

rule 1 -par 26(3)
as elected before valuation date may therefore not
always be easy to find.