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The Latest Breaking News from capital gains

Selling your investment property? Avoid these common and costly mistakes

The biggest tax mistake property investors make is timing.

The Canberra Times

Politics with Michelle Grattan: Graeme Samuel on ‘doomsday’ attacks on the federal budget

This year’s federal budget has been the most controversial since the Abbott government’s 2014 budget, with Labor struggling to sell its new capital gains tax changes and crackdown on trusts.

The Conversation

Want to exchange old gold for new jewellery? Beware of these taxes

Indians exchanging old gold for new should be aware of potential taxes on sales and purchases. The Income Tax Department monitors high-value gold transactions, including large cash deposits or unexplained sources of funds. Proper documentation is crucial to avoid scrutiny and penalties, especially when dealing with inherited, gifted, or imported…

The Economic Times

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read the most diverse news in one place.

FED:Businesses still in dark on tax carve outs from budget

Business owners are still yet to find out what exemptions could apply to them in changes to capital gains tax.

AAP

Businesses still in dark on tax carve outs from budget

Business owners are still yet to find out what exemptions could apply to them in changes to capital gains tax.

AAP

Global Markets: Australian shares end flat as banking losses overshadow miners' gains

Australian shares closed nearly flat as bank losses offset resource gains, with U.S.-Iran tensions and sticky inflation weighing on sentiment. Investors remained cautious due to geopolitical uncertainty and potential capital gains tax reforms, leading to a reluctance to invest in domestic assets.

The Economic Times

The ‘Step-Up’ Oversight: The Estate Document Many Wills Still Don’t Include for 2026 Tax Accuracy

Many families spend years creating wills, trusts, and beneficiary designations, believing their estate plans are complete. Yet when heirs eventually inherit property, investment accounts, or...

Saving Advice

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Should We Sell Our Arizona Rental to Fund Retirement — or Keep It? Wealth Wise Advises

An out-of-state property is a great inflation hedge, but the hidden tax hits and landlord headaches might not be worth it. Our retirement advice column answers your questions.

Kiplinger

Labor shrugs off claim tax shift will sink house prices

The government is selling controversial investment tax changes as an attempt to rebalance the playing field between young and old Australians.

AAP

I'm a Financial Planner: This Is How Your Kids' Low Tax Bracket Can Wipe Out Your Capital Gains

Want to give your kids a home down payment? Want to help cover daycare expenses? Instead of writing them a check, transfer appreciated stock into their account.

Kiplinger

Ask the Tax Editor, May 29: Will Congress Enact More Tax Changes?

In this week's Ask the Editor Q&A, Joy Taylor answers questions on whether Congress will enact more tax changes before the November election and related topics.

Kiplinger

AAP Rolling News Bulletin May 29, 1230

AAP Rolling News Bulletin for May 29 at 1230

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AAP Rolling News Bulletin May 29, 1200

AAP Rolling News Bulletin for May 29 at 1200

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AAP Rolling News Bulletin for May 29 at 1130

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