If Amazon was founded in Australia today, would it qualify as an innovative start-up business for concessional treatment under the Albanese government’s capital gains tax regime?It is a topical hypothetical question to ponder as Treasury consults the technology and broader start-up sector on narrow planned concessions under the new higher-taxing CGT system.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles
The real tax problem for start-ups is high-income tax not CGT concessions
Identifying in real time genuinely innovative early-stage companies that add to productivity and has broader spillover benefits is fraught with difficulty.
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