SECURE CLIENT LOGIN
Ph: 02 4647 4088

Make an enquiry
            Our location

Return to List of Tax Facts

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.

Accounting Services

We can relieve you and your staff of the burden of all your bookkeeping and accounting needs. Read more...

Financial Planning

A financial plan is the best way to make sure your finances meet your immediate and future needs. Read more...
 News & Events