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Showing 201 - 210 of 259 results for "Capital gains tax"

ATO targets loss schemes

RUTH LIEW  |  MONDAY, 1 JUN 2009
... share traders on a revenue account, where previously they claimed to be long-term investors eligible for the capital gains tax 50 per cent discount," said the ATO. Managed Investment Schemes (MIS) are also under heavy scrutiny. The recent collapses of ...

What-if scenarios bring Budget blues

MICHELLE BALTAZAR  |  MONDAY, 11 MAY 2009
... concessions and abolishing co-contributions. From a tax perspective, the government could potentially abolish the capital gains tax (CGT) discount, defer promised tax cuts and abolish the dividend imputation. While abolishing co-contributions and changing ...

CGT roll-over relief for super mergers

MEDIA RELEASE  |  MONDAY, 4 MAY 2009
The Federal Government is expanding the optional capital gains tax (CGT) roll-over for capital losses for mergers of complying superannuation funds. Senator Nick Sherry, Minister for Superannuation and Corporate Law, last week announced that the optional ...

Options for retiring SMSF trustees

RUTH LIEW  |  FRIDAY, 6 FEB 2009
... the fund is still in superannuation mode. This allows the fund to maintain existing investments, and avoid the capital gains tax that would otherwise be payable if members chose to roll out the benefits to a public offer/managed fund. If the SMSF is ...

IFSA backs govt tax proposal

MICHAEL HOBBS  |  MONDAY, 19 JAN 2009
... Financial Services Association (IFSA) has thrown its support behind a Treasury proposal to provide an optional capital gains tax roll-over concessions to merging super funds. Under existing rules, if a super fund in a prospective merger is in a net capital ...

Perpetual slashes CGT costs

RUTH LIEW  |  WEDNESDAY, 1 OCT 2008
... WealthFocus Investment Advantage - a new non-super product that allows switching investment options without incurring capital gains tax. Eric Wang, Perpetual group executive of platforms and structured products, highlighted that investors will be able ...

Till taxes do us part

RUTH LIEW  |  TUESDAY, 12 AUG 2008
... financial advice, said Centric Wealth. Couples looking to untie the knot can often make the most out of the capital gains tax rollover relief, however they can also be slapped with associated contingent tax liabilities as part of their settlements, according ...

Market Wrap - Midday

AAP  |  FRIDAY, 27 JUN 2008
... the financial year approaching, and there could be some more selling from investors seeking to reduce their capital gains tax. "A chance of an interest rate hike is looming and there is also growing global inflation putting pressure on earnings." National ...

Praemium signs on UK Fat Prophets

RUTH LIEW  |  WEDNESDAY, 7 MAY 2008
... allow clients to make the most out of the UK tax laws for managed fund investments, which currently do not pay capital gains tax at the fund level. Fat Prophets UK will distribute the offering through their British client base and existing alliance arrangements ...

Attack tax with tact

ALEX DUNNIN  |  THURSDAY, 1 MAY 2008
... surgery like this under the Hawke-Keating government it lead to the Fringe Benefits Tax and a stepping up of the Capital Gains Tax. A later pruning exercise by the Howard-Costello government then brought us the Goods and Services Tax even though we are ...