Despite superannuation changes, one tax loophole remains
- Written by Kevin Davis, Research Director of Australian Centre for FInancial Studies and Professor of Finance at Melbourne and Monash Universities, Australian Centre for Financial Studies
Assets held until the retirement phase in super, can then be sold with no, or minimal, capital gains tax payable.www.shutterstock.comThe Howard government, when flush with revenue, made a bad tax decisions which continue to haunt current policy makers. It removed the tax on the retirement phase of superannuation, this has been partly resolved by...
Read more: Despite superannuation changes, one tax loophole remains