Under the tax laws,
what is the difference between a trade and an investment?
How do you know how long you shall hold a stock for before selling it?
Why should someone who holds a stock for 12months be offered a 50pct discount on the capital gain?
Why shouldn't a person who has bought and sold after 4 weeks still be entitled to a 50pct discount?? (hold for 12months and the profit disappears, no-one gets anything)
Does this discourage true investing/trading?
Interesting topic the old capital gains tax....
cheers
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capital gain tax, page-29
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