Industry View
Labor’s tax proposals worth a good look
Changes to imputation credits, negative gearing and CGT should be evaluated based on sustainability and fairness, Eva Scheerlinck writes.
Eva ScheerlinckApril 6, 2018
tax
Policy and Regulation
Investment manager regime tax fixes a good start
There have been welcome changes to tax rules for foreign investors using local funds management, but there's more to do, Sally Loane writes.
Sally LoaneJuly 24, 2017
Custody
Extend CGT relief on fund rollovers to spur super mergers
KPMG's Dana Fleming calls on the government to dump its plans to scrap the capital gains tax relief on super fund mergers in the May budget.
Dana FlemingApril 24, 2017
Policy and Regulation
What the industry told Hockey
Industry bodies have made public the key positions of their submissions to the Government’s Tax White Paper; commons themes include a lifetime cap on tax concessions, not change to the dividend imputation system, taking the whole system into account (alongside the Age Pension) and the cessation of tinkering as it is destroying confidence. The Treasurer […]
Dan PurvesJune 15, 2015
Policy and Regulation
Removing superannuation from tax debate disappointing
A leading tax expert has expressed disappointment as the Government continues with its “blinkered” decision to remove superannuation from the tax debate. John Randall, superannuation partner at Deloitte, said the point of a review process was to have a serious, holistic think about what’s going to happen, but if GST, superannuation, or even fringe tax […]
Dan PurvesMay 18, 2015
Industry View
AIST viewpoint: a fairer tax system for all
New research that details who gains the most from tax concessions in super should be a key driver in tax reforms this year, says TOM GARCIA chief executive of AIST. There can be no debate that super needs to be taxed concessionally. But at what point do we draw the line in the name of […]
Tom GarciaApril 30, 2015
Investment Strategy
Should there be a savings cap on superannuation for individuals?
The perennial question of how much tax concessions high earners should receive for superannuation is to be addressed in the discussion paper issued on Monday. One solution likely to be aired is the feasibility of a lifetime limit, such as $3 million, on superannuation balances. In its favour, a cap, a figure that would be […]
David RowleyMarch 30, 2015
Policy and Regulation
Tax debate too simplistic
The debate on tax in superannuation has become too narrow and polarised hampering progress towards an equitable system, a tax expert said. John Randall, superannuation partner at Deloitte, said people were approaching the topic from various viewpoints, but that each one was focusing on different constricted areas of interest. He added the discussion needed to […]
Dan PurvesMarch 16, 2015