This submission addresses two of the instruments under consultation. On the draft Income Tax Assessment (Method for Apportioning Capital Gains and Capital Losses) Determination 2026, we identify two defects in the prescribed method as it applies to real property — the treatment of capital expenditure incurred after 1 July 2027, and of discontinuous value events […]
The post Submission on the Government’s proposed capital gains tax and negative gearing reforms (Budget Bill Tranche 2) first appeared on Prosper Australia.
