You can’t impose CGT on a business nobody wants to buy
There’s a lot of noise right now about the federal budget, proposed tax changes and what it all means for founders, investors and business owners. My inbox has been full of messages ranging from “should we panic?” to “is this the end of entrepreneurship in Australia?”
The short answer is no.
But I do think there’s a danger in founders becoming overly distracted by things that, let’s be frank (pardon the pun), they cannot control.
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