The income tax treatment of housing assets: an assessment of proposed reform arrangements

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Author(s)
Duncan, A
Hodgson, H
Minas, J
Ong, R
Seymour, R
Griffith University Author(s)
Year published
2018
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This research models several politically acceptable pathways to reform negative gearing and CGT so as to reduce impacts on less sophisticated property investors. Two reform models— a rental deduction cap of $5,000 and a progressive rental deduction based on income—could lead to savings of over $1.7 billion each. Both are progressive in nature, reducing tax savings from negative gearing as tax assessable income increases.This research models several politically acceptable pathways to reform negative gearing and CGT so as to reduce impacts on less sophisticated property investors. Two reform models— a rental deduction cap of $5,000 and a progressive rental deduction based on income—could lead to savings of over $1.7 billion each. Both are progressive in nature, reducing tax savings from negative gearing as tax assessable income increases.
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Copyright Statement
© 2018 Australian Housing and Urban Research Institute Limited. This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License, see http://creativecommons.org/licenses/by-nc/4.0/.
Subject
Urban and regional planning
Taxation law