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

We offer a wide range of services to help you run your business as effectively and as stress free as possible.

FIND OUT MORE

Specialist Services

Our specialist services include SMSF services, business acquisitions & mergers, estate planning plus many more.

FIND OUT MORE

Tax & Audit Services

Need help with GST, audit and tax returns? Our team can assist you with all your taxation and auditing needs.

FIND OUT MORE