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Would I be exempt from CGT if I transferred the proceeds from an my investment property into my super fund? |
Would I be exempt from CGT if I transferred the proceeds from an my investment property into my super fund? I don't believe so, you have received the money, so would pay tax on that, but if you invest it into your super fund, you may be able to get a taxbreak for that in the form of government co-contributions and possibly an offset. You may want to consider speaking to a tax professional. I think you might be. Ring your super fund. They are great with honest answers |
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