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822 taxing unrealised gains? understanding the Division 296 superannuation tax

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Taxing Unrealized Gains in Superannuation

This chapter explores the potential impact of a tax on unrealized gains within superannuation accounts on Australians, particularly focusing on wealth distribution and retirement funding. The discussion highlights concerns regarding high-income earners and the fairness of such taxation, alongside considerations of superannuation as a tax haven. Ultimately, it calls for a more thoughtful approach to taxation policy amid increasing lifespan and financial contributions.

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