Summary of request

Party: Committee | Policy Topic: Taxes | Portfolio: Treasury

The request for budget analysis sought:

• estimated revenue foregone due to the capital gains tax (CGT) discount for individuals and trusts for the period 1999–2000 to 2035–2036
• distributional analysis on CGT revenue foregone in 2025–2026 by:
  • taxable income decile
  • top taxable income percentiles of 1%, 2% and 5%
  • asset class (properties, shares and trusts).

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