Did you realise a double TAX on Capital gains is what is proposed

  1. 28,516 Posts.
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    Maybe its me but I incorrectly assumed that when the unrealised gains in super is taxed , then the cost base is adjusted upwards with the new value .

    However it isnt , and you still have to pay the FULL CGT owing with zero offsett for what has already been paid ...

    https://hotcopper.com.au/data/attachments/7053/7053439-c57b6611879d530b43df76d9a73091bf.jpg
 
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