DIV296 The GREAT unrealised gain tax – The idea of taxing super balances above $3 million
You guessed it, another tax! This time the government is looking to tax unrealised gains – Yes – they will tax you on imaginary future profits, it doesn’t matter if you actually made money – the government will slap your fund with a 30% tax NOW! The idea of taxing superannuation balances above $3 million…
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