Taxing personal capital gains in Australia: An alternative way forward
Source: Australian Tax Forum Journal Article
Published Date: 1 Dec 2015
This article proposes the abolition of the 50% capital gains tax (CGT) discount for personal taxpayers and its replacement with a non-cumulative annual tax-free threshold for the taxation of capital gains. This reform, it is argued, would considerably enhance the equity, efficiency and simplicity of the Australian CGT regime, as well as providing a positive revenue outcome for the Treasury.
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Details
- Published By: John Minas, Youngdeok Lim, Chris Evans
- Published On:1 Dec 2015
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