Would you please explain this criteria relating to CGT being based on the sale price less market value for a PPOR?
- when a capital gains tax (CGT) event happens in relation to the dwelling, you would get only a part exemption because you used the dwelling to produce assessable income during the period you owned it
- you would have been entitled to a full exemption if the CGT event happened to the dwelling immediately before you first used it to produce income.

Hi Dean,
I'm not clear on what the context of your question is? Capital gains tax is triggered by the sale or transfer of a property that has been available for rent or producing an income. If the property was your PPOR and was not available for rent at some time during your ownership then the CGT will be discounted proportionately according to the time it was not earning an income. If you need specific advice on the sale of your property you should get professional advice as soon as possible and preferably before the property is sold.
Best of luck
Scott