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Albanese government proposes doubling tax rate on superannuation earnings above $3m to 30% from 2025.
The Albanese government proposed a controversial law in response to claims of wealth accumulation in superannuation.
From 1 July 2025, the tax rate on superannuation earnings above $3m would double to 30%.
Critics argue that the plan to calculate tax on unrealised capital gains presents issues, including asset valuation difficulties and lack of understanding for market volatility.
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El gobierno albanés propone duplicar el tipo impositivo sobre las ganancias de jubilación superiores a 3 millones de dólares hasta el 30% a partir de 2025.