Search results

At what point does it become self-defeating when the cost of accounting etc for the structuring outweighs the tax?

Dan, don't discount investment in a state just because you're going to hit the threshold, you need to thoroughly analyse net return not how much one unpalatable tax will cost you. It is often the case that the most expensive states also provide you with the best results eg capital gains or...

Recheck your rate for >$2m in NSW, should be $33,812 for the first $2,519,000 then 2% over that. It is better to use the formula (LV-threshold)*1.6%+$100 for <$2M or $33,812+(LV-$2m)*2% for other cases