A call from the Australia Institute to remove the exemption of capital gains tax (CGT) on main residences
economictimes.indiatimes.com_tax Source: economictimes.indiatimes.com_tax
A report suggests that the federal budget could be boosted by billions of dollars annually if the government limits capital gains exemptions. There's new data suggesting the federal budget could be boosted by billions of dollars annually if the government limits capital gains exemptions. A new Capital Gains Tax report from the Australia Institute shows the government is missing out on $46 billion in revenue every year by allowing an exemption on the family home.In this discussion we bring you more about the underlying issues of this situation with Dr Chandana Hewage from faculty of business & Law - Swinburne University - Australia
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