Menu

Tax Facts - General Value Shifting

The General Value Shifting Regime (GVSR) applies to arrangements that shift value between assets, causing discrepancies between the market values and tax values of the assets. Most value shifts happen when parties don't deal at the market value, causing one asset to decrease while the other increases.

Three scenarios are targeted under the GVSR. Exclusions apply to small values in each of the scenarios, as follows:

Generally, the GVSR does not apply to normal commercial dealings conducted at market value, or dealings within consolidated groups. There are several other exclusions and safe harbours in the rules.

Business Services

Whether starting up a new business from scratch, buying an existing one or simply in need of advice, our team specialises in all aspects of helping small business owners.

FIND OUT MORE

Accounting, Tax & Audit

Our team of Gold Coast Accountants have extensive experience in helping our business clients to manage their ongoing tax planning, advice and submission requirements.

FIND OUT MORE

Self Managed Super Funds

Self Managed Super Funds offer flexible investment alternatives for those holding reasonable super entitlements. We can help you with setting up a fund and with understanding the important compliance requirements.

FIND OUT MORE