Taxation of super funds
Taxation of capital gains in super
|Date of asset acquisition||Accumulation phase||Pension Phase|
|On or after
21 September 1999
|2/3 x 15% x (sale proceeds - original purchase price)||Nil|
The 1/3 CGT discount that super funds receive on realised capital gains is subject to the asset having been held for at least 12 months.
If the fund chooses the CGT discount, capital losses will be applied against capital gains before applying the discount. If the fund chooses the indexation method, capital losses will be applied after calculating the capital gain using the indexed cost base, with indexation frozen at 30 September 1999.
Last modified: Tuesday, November 20, 2018