BUT........... Taxing unrealised capital gains ??? Say a SMSF has 2 properties as the super... Bought many years ago... Then the values come in and they have risen sat $250k in value (The fund is worth more than 3 mill) So the owner has no cash... So to pay the tax they may have to sell 1 property? Same is if you have heaps of shares ... they rise , then hit with tax.. what of market crashes after ... Hmmm... if its so good all politicians shoe also have to comply
