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Two for the money

Article Abstract:

Investors have two options to reduce taxes on their capital gains. Capital losses can offset gains subject to tax, and the tax payable on net gains can be reduced. Australians can follow the US practice of transferring assets by gift or off-market sale to a company, spouse, or trust fund that can trigger a capital loss. The deadline for these procedures in the end of the tax year, Jun 30.

Author: Dixon, Daryl

Publisher: A C P Computer Publications
Publication Name: The Bulletin with Newsweek
Subject: News, opinion and commentary
ISSN: 1440-7485
Year: 1999

Australia, Economic aspects, Capital gains tax

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Smoothing the lumps

Article Abstract:

Retirees can reduce their lump-sum tax penalties by converting funds to an allocated pension.

Author: Dixon, Daryl

Publisher: A C P Computer Publications
Publication Name: The Bulletin with Newsweek
Subject: News, opinion and commentary
ISSN: 1440-7485
Year: 2003

Financial management, Taxes, Retirement Benefits, Analysis, Usage, Taxation, Finance, Pensions, Retirement planning, Company financing

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