Incentives for startup investments would cost $40m in lost tax
The Startup Advisors Council’s 25 recommendations include tax deductions for startup investments, a change to taxing ESOPs, and a new national body.
Recommendations from the Government-appointed Startup Advisors Council made public today include introducing tax incentives to promote investment in startups and venture funds, as foreshadowed by NBR in late June.
The report says many of our peer countries, notably Australia and the United Kingdom,
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