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?

Answer rating: 100% (QA)

The 15year exemption for Thanhs capital gain from selling his business has several positive effects on his financial situation Reduced Capital Gains T... View the full answer