RPGT - RPGT dates of disposal
3 important questions on RPGT - RPGT dates of disposal
When is the date of disposal if there is a sales and purchase agreement?
The date of the contract is the date of disposal.
When is the date of disposal if there is no sales and purchase agreement?(verbal)
The date of disposal is the date of completion of the disposal of the asset, which is the earlier of:
- Date when ownership is transferred; or
- Whole of the amount of consideration is received
What happens when there is a conditional contract requiring government approval?
- Requires approval from Government/State Government
- If one condition: date of such approval
- If multiple conditions: date when the last condition is satisfied
The question on the page originate from the summary of the following study material:
- A unique study and practice tool
- Never study anything twice again
- Get the grades you hope for
- 100% sure, 100% understanding
Remember faster, study better. Scientifically proven.
