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Why tax breaks are not the answer to encourage Australian startups

  • Written by The Conversation
imageCoalition backbencher David Coleman wants investors in startups to be exempt from paying capital gains tax. Alan Porritt/AAP

The Turnbull government will release its innovation statement in the next few weeks, and it’s widely expected to include tax breaks for startups.

The government may abolish capital gains tax (CGT) for investments in...

Read more: Why tax breaks are not the answer to encourage Australian startups