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| | | ... essential in the superannuation and tax reform that superannuation objectives are put into law. "The options where the taxation is made fairer during the accumulation phase are worth looking at. But we would not agree on taxation during retirement," ... |
| | | | ... reformed plan would see a federal budget saving of about $6 billion in 2016-17 alone. "Because this is a change to the taxation of contributions - when the money goes in - it avoids the need for any additional grandfathering. Nor does it add extra taxes ... |
| | | | ... compromised by ruling certain components out of reform consideration. This paper contrasted strongly to the Henry Review of taxation in 2009-10 which was compromised as it was not allowed to look at the GST or superannuation issues. However the TWP process ... |
| | | | ... right in saying there are substantial tax concessions associated with superannuation. "All of this is connected with the taxation system itself, the taxation on income and other elements in the economy, and it is connected with the transfer system. All ... |
| | | | ... concessions for superannuation are substantial. Changing parameters (thresholds as well as a move to more progressive taxation of superannuation contributions) could be calibrated to yield a net revenue gain (or loss, if the combination of other tax ... |
| | | | ... retirement." He said drawdown requires ongoing monitoring, to ensure evolving markets, inflation and legislation, including taxation, are included. "The one big factor relating to annuities arguably is that possibly at some point in the future the attraction ... |
| | | | ... board. Elia's experience includes senior roles in superannuation, finance, marketing, corporate and fund governance, taxation, risk management, audit, corporate/strategic planning and implementation. He also takes a leading role as a director of the ... |
| | | | ... this, he said there was a growing opportunity for specialist advice licensees that focus on national and international taxation law. "There's a number of people from Australia who work overseas, whether it's in Dubai or Chile or Russia, with the oil ... |
| | | | ... discussion on all the options to ensure long term Australians can retire comfortably," Martin said. CEDA thinks that taxation arrangements need to be reviewed because the current concessions are benefiting the rich and are being used as tax mitigation ... |
| | | | ... likely reduce red tape for superannuation funds. Draft legislation announced on Friday aims to allow the Commissioner of Taxation to pay super amounts directly to individuals with a terminal medical condition. Currently, in many circumstances, super ... |
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