The super tax that slipped under the radar during the election campaign
4 Articles
4 Articles
Business leaders take aim at super tax proposal
Ryan Stokes has weighed in with a scathing attack on Labor’s superannuation tax proposal, saying it risked “distorting markets” in the latest intervention by a business leader over the toll on unrealised capital gains. Labor wants to impose a 30 per cent tax on unrealised capital gains made in superannuation accounts worth $3m or more, without any indexation. However, the proposal has triggered anger among big business, with a roll call of lead…
The $3m super tax is coming! If you're invested in equities, here is how it might impact you - Stocks Down Under
It seems during the next 3 years, the $3m super tax will be officially a thing. Itwas blocked by the Senate and shelved by the government, until after the next election. Treasurer Jim Chalmers explicitly labelled it ‘unfinished business’. Now that Labor has been re-elected, and it needs only obtain the support of the Greens…
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