1. Who is collecting your information?

Your personal and financial information is collected by CGT BRAIN. You can contact our Privacy Officer at [email protected] or 0430 334 344.

2. Why are we collecting this information?

We collect your data primarily to:

• •Calculate your estimated Capital Gains Tax (CGT) liability based on the assets you report.
• •Generate compliance reports and tax summaries for your personal records.
• •Comply with our obligations under the Income Tax Assessment Act 1997 to provide accurate financial tools.
• •Automated Processing: We use automated algorithms to categorize your assets and calculate discounts. You can review or manually override these results at any time.

3. What happens if you don't provide it?

If you choose not to provide the requested financial information (such as purchase dates, cost bases, or disposal prices), our software will be unable to generate an accurate CGT estimate, and you may not be able to utilize our reporting or ATO-linked features.

4. Disclosure to Third Parties

We do not sell your personal data. We may disclose your information to:

• •The ATO: Only if you explicitly choose to use our "Direct Lodgement" or "Data Matching" features.
• •Authorized Professionals: Your nominated accountant or tax agent (only with your specific permission).
• •Service Providers: We use secure cloud hosting services located in Australia / USA / Europe. Where data is stored overseas, we take steps to ensure it is handled in accordance with Australian privacy standards.

5. Access, Correction, and Complaints

Our full Privacy Policy contains detailed information on how you can:

• •Access the personal information we hold about you.
• •Request a correction to inaccurate data.
• •Lodge a complaint if you believe we have breached the Australian Privacy Principles.