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‘Arbitrary and terrible’: Start-ups slam CGT tweaks (opens original article in a new tab)

TL;DR

Start-ups and investors criticize proposed capital gains tax concessions as overly complex and insufficient to encourage innovation and investment.

  • Start-ups and investors criticize proposed CGT concessions as overly complex and insufficient.
  • The reforms set a low profit threshold, potentially discouraging risk-taking and investment.
  • Senior sector figures argue the changes do not address main concerns.

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