# #88 - Australia’s Div 296: Taxing Unrealised Gains

Page: https://stenobird.com/podcast/the-sovereign-life-with-dale-warburton-6341247/88-australia-s-div-296-taxing-unrealised-gains
Text version: https://stenobird.com/podcast/the-sovereign-life-with-dale-warburton-6341247/88-australia-s-div-296-taxing-unrealised-gains.md
Podcast: [The Sovereign Life with Dale Warburton](https://stenobird.com/podcast/the-sovereign-life-with-dale-warburton-6341247)
Published: 2025-06-13T04:33:13+00:00
Episode link: https://podcasters.spotify.com/pod/show/whybitcoinshow/episodes/88---Australias-Div-296-Taxing-Unrealised-Gains-e345upg
Audio file: https://anchor.fm/s/e00fa13c/podcast/play/104052976/https%3A%2F%2Fd3ctxlq1ktw2nl.cloudfront.net%2Fstaging%2F2025-5-13%2F402067570-44100-2-c367d53f4e9d7.mp3
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JSON: https://stenobird.com/v1/public/podcasts/the-sovereign-life-with-dale-warburton-6341247/episodes/88-australia-s-div-296-taxing-unrealised-gains
Duration seconds: 1647

## Resource

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.

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## Transcript

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