Broadly, investors in an Early Stage Venture Capital Fund Limited Partnership (“ESVCLP”) may be eligible for:
- an Australian income tax exemption; and
- an Australian Capital Gains Tax exemption.
However, Jelix does not take into account the specific circumstances of any investor. Prospective investors should therefore obtain professional tax advice that takes into account their specific circumstances before making the decision to invest.
This summary is necessarily general in nature and is not intended to be either a definitive or an exhaustive statement of the possible tax treatment of investing in companies through the platform.
Please see the Australian Tax Office website for details of the tax incentives for investors into ESVCLPs.