Labor’s approach to tax reform

Proposed changes to negative gearing and the capital gains tax discount.  Federal Labor leader Bill Shorten announced the ALP’s intention to introduce changes to both negative gearing and the Capital Gains Tax discount as it applies to residential property (currently the rate of CGT is halved if the investment property is held by the investor for more than 12 months).

Labor's Approach to Tax Reform.

2018-11-23T14:55:11+09:30