Start-up carve-outs bring complexity, uncertainty, submissions say
What happened
CPA Australia and Wilson Asset Management formally criticised Treasury's Innovative Business CGT Concession (IBCC) for being complex and potentially discouraging investment. The submissions say the IBCC's conditional, time-limited design raises real interpretation and implementation work for advisors, which makes commercial protections more likely; watch for Treasury clarifications or amendments that would change supplier risk posture
Why the category manager should care
Treat the IBCC as a real sourcing driver: advisors will price to cover interpretation and liability risk unless contracts force clarity
Key facts
- Formal public submissions from CPA Australia and Wilson Asset Management
- IBCC described by submitters as conditional, time-limited, and complex