Foreign Capital Gain in a company

Question

I am trying to enter a capital gain from a property owned overseas into a 2024 company ITR.&nbsp; The ATO guidance says it should be entered at label 7A, 8G &amp; 8R.&nbsp; When I complete label 8G it automatically fills to label 6R, therefore overstating the income.&nbsp; Is there a field that I am missing?

isaiah_c · Answer

Hi MMcKenzie,
&nbsp;
We're not sure on this one, but hopefully someone in the community can help you out! If you don't have any luck, it might be worth checking with your accountant for guidance.
&nbsp;
Regards,
Sai

amy_m1 · Answer

Hi MMcKenzie!I currently have an open case with you regarding this issue, I will contact you as soon as I have an update!
&nbsp;
Thanks,Amy

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Foreign Capital Gain in a company

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