The Age
·general
·2 hours ago
CGT like its 1999: Chalmers leans toward scrapping Howard-Costello tax discount
Treasurer Jim Chalmers is moving towards reinstating the original capital gains tax system in the May budget. This proposed change aims to mitigate property investor activity that has exacerbated housing unaffordability. A recent poll indicated strong public support for revising the current 50 percent tax discount, with 42 percent of respondents in favor of reductions.
Summary by Glance · The Age
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