What is the effect of this for thanh

Reference no: EM133655019

Question: Thanh has a capital gain from the sale of a business of $1.5 million. His current superannuation balance is $500,000. He has the full CGT cap available. After seeking advice from Thanh's accountant, you confirm he qualifies for the 15-year exemption. What is the effect of this for Thanh?

Reference no: EM133655019

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