Why are the discount capital gains and CGT concession amount not equal?
The funds are eligible for the 50% capital gains tax concession. It could therefore be expected that the amount of discount capital gains and the CGT concession amount would be equal. However, from time to time, the funds receive distributions from Listed Property Trusts where the amount of discount capital gains and the CGT concession amount are not equal. As the components received by the fund retain their character when they are distributed to you (see “What is a distribution” above), this results in the discount capital gains and CGT concession amount being unequal.
