This event covered:
- an update on the new tax incentives for investments in early stage innovation companies, including recent ATO consultations on some tricky technical issues and the legislative reform to fix the CGT event E4 problem
- an update on the employee share scheme tax rules for startup companies
- an overview of the proposed new measures before Parliament to implement a 'similar business test' to access losses and allow self-assessment of the effective life of certain intangible depreciating assets
- a general overview of equity based 'crowdfunding', which was recently given a boost by corporate regulatory reforms that will facilitate new activity in this space.