Build a CGT event and cost-base calculation table from the papers
Key facts
- Human involvement
- YellowClose supervision
- How AI is used
- Tabulate dates, consideration, cost-base elements and concessions, naming the Div 104 ITAA 1997 CGT event and any small-business or main-residence concession claimed.
- What the lawyer must review
- Check the CGT event, acquisition date and cost base (s 110-25 ITAA 1997)
- Check discount eligibility for non-residents (from 8 May 2012) and trust beneficiaries
- Re-derive small-business concessions (ss 152-20, 152-35, 152-55, retirement limits)
- Check indexation v discount
- Written for / version
- Commonwealth versionCth
Rules that apply
The document starts from the task name. Change it if this piece of work is different.
Who does what
| Role | What they do |
|---|---|
| Assistance | Consider narrowly defined preparation support after confirming the tool’s capability and permitted scope. |
| Lawyer | Set the scope, supervise the work closely, verify every part relied on, resolve omissions and exceptions, and approve the exact output. |
Checklist
- Trace every relied-on figure to its source, confirm dates and assumptions, and independently recalculate totals or derived amounts.
- Confirm that the wording reflects the client’s instructions and contains no unintended admission, concession or commitment. Check the recipient and tone.
- Confirm the output against the client’s instructions and the complete relevant source material, including omissions or contradictions.
- Resolve exceptions and record the responsible lawyer’s approval of the exact output and intended use.