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  2. Capital gains tax in Australia - Wikipedia

    en.wikipedia.org/wiki/Capital_gains_tax_in_Australia

    A capital gains tax (CGT) was introduced in Australia on 20 September 1985, one of a number of tax reforms by the Hawke/Keating government. The CGT applied only to assets acquired on or after that date, with gains (or losses) on assets owned on that date, called pre-CGT assets, not being subject to the CGT.

  3. Taxation in Australia - Wikipedia

    en.wikipedia.org/wiki/Taxation_in_Australia

    A goods and services tax (GST) is a value added tax levied by the federal government at 10% on the supply of most goods and services by entities registered for the tax. The GST was introduced in Australia on 1 July 2000 by the then Howard Liberal government .

  4. Income tax in Australia - Wikipedia

    en.wikipedia.org/wiki/Income_tax_in_Australia

    Capital gains tax (CGT) in Australia is part of the income tax system rather than a separate tax. [22] Capital gains tax was introduced by the Hawke Labor government in September 1985 and allowed for indexation of the cost base of the capital asset to the Consumer Price Index, to account for annual price inflation. Net capital gains (after ...

  5. Negative gearing in Australia - Wikipedia

    en.wikipedia.org/wiki/Negative_gearing_in_Australia

    In addition to the tax benefits of negative gearing, the investor typically would take into account the anticipated increase in the market value of the property and the tax treatment of capital gains under Australian law. For example, if the investor has held an investment property for more than twelve months, then only 50% of the capital gain ...

  6. New Rules on Capital Gains - AOL

    www.aol.com/news/rules-capital-gains-163026325.html

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  7. Do I Have to Pay Capital Gains Taxes if I Sell Foreign Real ...

    www.aol.com/avoid-capital-gains-tax-foreign...

    Certain adjustments, such as those reported on Form 8949, can offset net capital gains. In general, capital losses of up to $3,000 can offset capital gains on your tax return. Any losses beyond ...

  8. Capital gains tax - Wikipedia

    en.wikipedia.org/wiki/Capital_gains_tax

    Individuals paid capital gains tax at their highest marginal rate of income tax (0%, 10%, 20% or 40% in the tax year 2007/8) but from 6 April 1998 were able to claim a taper relief which reduced the amount of a gain that is subject to capital gains tax (thus reducing the effective rate of tax) depending on whether the asset is a "business asset ...

  9. What Are Short-Term Capital Gains? Tax Rules, Rates and How ...

    www.aol.com/short-term-capital-gains-tax...

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