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Showing 181 - 190 of 263 results for "Capital gains tax"

SMSFs can use tax rule to save thousands conference told

ALISON BEVEGE  |  WEDNESDAY, 10 AUG 2011
... no dependents such as when the children are adults and there is no dependent spouse. The ruling also imposes capital gains tax liabilities on the sale of assets where sold after the member has died to pay out death benefits where there is no reversionary ...

SMSF body moves against super death tax

ALISON BEVEGE  |  TUESDAY, 26 JUL 2011
... surprise. "People thought that when they move into the pension phase that when they die there wouldn't be any capital gains tax paid," he said. "But the ATO is saying that's not correct, that when you die the pensions exemption ceases." SPAA has voiced ...

Real estate may cause super tax headache

ALISON BEVEGE  |  MONDAY, 25 JUL 2011
... tax on both income and capital gains. If the assets are sold to provide lump sum benefit payments then the 10% capital gains tax liability will be calculated on the original purchase date of the asset and not on the date of death - which could create ...

SMSFs may be banned from buying shares off-market

ALISON BEVEGE  |  FRIDAY, 8 JUL 2011
... can do an off-market transfer based on the current value of their assets." The off-market transfer triggers capital gains tax, and trustees are able to pick any day within 30 days as the transfer date. David Busoli, head of education for SMSF specialist ...

CFSGAM's tax solutions capture super flow

MATT WOODINGTON  |  TUESDAY, 7 JUN 2011
... $700 million mandate to Vinva Investment Management, which will be benchmarked against the FTSE ASFA Australia capital gains tax index, another example of super funds honing in on after tax returns. "Tax aware investments offer superfund members clear ...

FTSE sees rising demand for after tax index

MATT WOODINGTON  |  MONDAY, 6 JUN 2011
... boost as Sunsuper's new $700 million equity mandate will be benchmarked against the FTSE ASFA Australia 300 capital gains tax index. The FTSE ASFA Australia Index Series, which provides a range of industry standard after-tax indices tailored to the needs ...

Budget 2011: CGT tax to restrict super trading

MATT WOODINGTON  |  WEDNESDAY, 11 MAY 2011
... funds, including SMSFs, from aggressively trading shares by making any resulting gains and losses subject to capital gains tax. The removal of the exception for super funds trading stocks, primarily shares, units in a trust and land, comes into effect ...

NGS Super merger too late for tax relief

MATT WOODINGTON  |  TUESDAY, 10 MAY 2011
NGS Super expects to complete a merger with UCSuper by early 2012, missing out on capital gains tax relief, having signed a memorandum of understanding to create a combined $4.4 billion fund. The optional capital gains tax (CGT) roll-over for capital ...

Count morphs into super entity with new AFSL

ELISE BURGESS  |  THURSDAY, 5 MAY 2011
... choose not to use the grandfather arrangement for its strategic platforms due to issues such as stamp duty and capital gains tax. However, for all other platforms, Count would utilise the grandfathering arrangements, which effectively means the creation ...

Super funds win merger tax relief

ALISON BEVEGE  |  TUESDAY, 3 MAY 2011
... those moving by accident as part of parent companies involved in mergers. Vamos, who has lobbied Canberra for capital gains tax relief, said the decision took pressure off funds that are merging. "The amount of merging taking place puts strain on custodians ...