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Dear founders, the government now wants half your start-up
Capital is mobile and lifting capital gains tax to the highest level in the world will kill local productivity, innovation and jobs.
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afr.com
Dear founders, the government now wants half your start-up
Capital is mobile and lifting capital gains tax to the highest level in the world will kill local productivity, innovation and jobs.
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Tech sector tells government how to fix its CGT policy
Peter Dunne is one of Australia’s top start-up lawyers and an architect of employee share laws, and says new CGT rules could devastate risk-taking companies.
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theguardian.com
Labor denies CGT reform will ‘kill startups’ as tech giant Canva warns of stifling innovation
Albanese and Chalmers say they remain in consultation with tech sector, but give no indication of winding back proposed changes or giving CGT concessions
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AustralianSuper boss urges start-up CGT carve out
Keating-era adviser Don Russell has expressed support for entrepreneurs caught up in new CGT laws, as senior tech industry figures hunt specific change demands.