Summary:  The tax incentives provide concessional tax treatment for investments made in a range of innovative start-up companies with high growth potential.

The tax incentives provide investors with:

a 20% non-refundable carry-forward tax offset for qualifying investments, capped at $200,000 for each investor and their affiliates (combined) per year, and
an exemption from capital gains tax (CGT) for qualifying investments held between one and ten years (capital losses on investments held for less than ten years must be disregarded).

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The Australian Taxation Office (ATO)