ABC News – Top stories ·general ·1 hour ago

Chalmers flags 'legitimate' small business CGT debate

Treasurer Jim Chalmers acknowledged Wednesday that expanding capital gains tax carve-outs for small business is a "legitimate" conversation, responding to pressure from business groups seeking higher eligibility thresholds. Labor will legislate broader CGT changes first before finalizing targeted concessions following consultation with startups and small businesses unhappy with the proposal.

Summary by Glance · ABC News – Top stories

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