Here are the new tax incentives for Australian entrepreneurs

  |   Written By by Titan Vine ON

[1] The Turnbull government is pushing through with the new tax incentives for Australian entrepreneurs and startups.

[2] Early stage investors will be entitled to a 10 year exemption on capital gains tax on the condition that investments are kept for 12 months or more.

[3] For investors spending through early stage venture capital limited partnerships (ESVCLP), a 10% cent non-refundable carry forward tax offset will be offered.

[Source] Australian Information Technology News – Here are the new tax incentives for Australian entrepreneurs