Episode
#88 - Australia’s Div 296: Taxing Unrealised Gains
- Published
- Jun 13, 2025
- Duration seconds
- 1647
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Summary
This is a solo episode all about Division 296 of the Income Tax Act, 1997. Boring! Not quite, it's an amendment impacting the treatment of superannuation balances over $3m. In an unprecedented move, the Australian Tax Office will be demanding 15% of the unrealised gains above $3m. In this episode I outline what the law is all about, it's status, the purported reasons for it, some (many) criticisms and how to get around it...legally. Need a hand with self-custody? Book a session with me to get your Bitcoin security house in order.