Capital gains tax reforms - arrangements for innovative start-ups: KPMG submission

The introduction of the Innovative Business CGT Concession would be a means of encouraging early investment in innovative activity.

KPMG Australia (KPMG) welcomes the opportunity to provide a submission in response to the consultation on the Innovative Business CGT Concession (IBCC). We welcome the introduction of the IBCC as a means of encouraging early investment in innovative activity. We recommend the key refinements outlined below to ensure the measure provides effective support: The IBCC should be designed so there can be flexibility beyond the general ten-year rule. Possible alternatives include a discretion w...

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Authors: Alia Lum, Georgia King-Siem,

Published Date: 13 July 2026