Start-up tax break to get investors on board
Misa HanReporter
Updated
Wealthy investors would be able to claim tax deductions on their capital stake in high-risk start-ups if a big four accounting firm's proposal garners support.
KPMG proposes the idea of allowing companies to transfer losses made investing in innovative start-ups to another company, in a recent submission to Treasury,
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Misa Han writes on news and business from our Sydney newsroom. Connect with Misa on Twitter. Email Misa at misa.han@afr.com.au
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