The unrealised capital gains tax in your super fund will discourage the holding of shares, that are likely to have a large capital gain, once you are over the $3 million threshold. It will more likely attract shares that are regular dividend payers like listed investment companies.
I had previously transferred shares, that will potentially have a large capital gain, into my super fund. Once that potential is realised, I will buy them back into my personal account & keep them for dividends & not pay unrealised capital gains tax.
Albo does not comprehend that we will change our behaviour & avoid pay his U.C.G. tax. The government will not gain the amount of tax that they envisage.
If you insist on keeping your CBA shares, they will be better off in your name & not in your super fund.
CBA Price at posting:
$173.88 Sentiment: Sell Disclosure: Not Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)