Dabner, Justin (2002) The taxation of Investment funds in Australia. In: [Presented at the Meeting of the Institute of Legal Studies]. pp. 26-48. From: Meeting of the Institute of Legal Studies, 2002, Osaka, Japan.

PDF (Published Version) - Published Version Restricted to Repository staff only

Abstract

[Extract] Since the early 1980s the Government has manipulated the tax system to encourage the accumulation of funds in pension or superannuation funds. Initially the taxation regime was very favourable but the tax concessions have gradually been reduced. However the grandfathering of these concessions has created a highly complex tax regime.

Superannuation support by employers is compulsory, currently to the extent of 8% of salary, but to be 9% from 1 July 2002. Contributions are often paid into large funds controlled by professional investment managers. However it is possible to structure a superannuation fund so that the members can manage the investment. Most commonly employers will establish a superannuation fund thereby enabling them more control over the investment. Naturally there are stringent prudential and preservation requirements.

Item ID:	33530
Item Type:	Conference Item (Presentation)
Date Deposited:	12 Sep 2017 00:58
FoR Codes:	18 LAW AND LEGAL STUDIES > 1801 Law > 180125 Taxation Law @ 100%
SEO Codes:	97 EXPANDING KNOWLEDGE > 970118 Expanding Knowledge in Law and Legal Studies @ 100%
Downloads:	Total: 1
	More Statistics