Tag: investment books
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Financial World on Edge Over Labor’s Tax Plan Impact
As the political landscape heats up with Labor’s tax plan threatening to trigger a massive exodus from self-managed superannuation funds, the financial world is on edge. The proposal to tax unrealized capital gains has sent shockwaves through the investment community, with speculations rife about potential repercussions. RESET: How to Restart Your Life and Get F.U.…
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Proposed Tax Changes on Superannuation Funds Impact Investment Landscape
Jim Chalmers, Treasurer of Australia, has proposed a significant change to the tax arrangements concerning superannuation funds holding over $3 million. This move is expected to impact a large number of young individuals, prompting them to consider alternative investment avenues like trusts, according to leading tax expert Bob Breunig. Superannuation and Taxation: A Practical Guide…