Long Term Holders...How Many Shares Are You Hoarding?, page-147

hi mixed bag ,mozz and others.your posting raises the dreaded wealth ,asset and motivational destroyer "tax".
would a new thread be worthwhile that examines strategies to ameliorate the impacts of tax on the windfall profits we all hope to have on PAR?
I despise Tax and the way it is selectively collected as it robs and distorts the economic world,.particularly CGT as it always assumes a windfall result and ignores the years of risk,hard work ,scrimping and going without eg selling the car to invest (in the case of private businesses). there are many invested in Par who risk enormous amounts to support this embryonic business that may have huge humanitarian benefits yet we loan our capital to a new business without security (unlike banks) ,risk a total wipeout yet are guaranteed to have a large slab ripped from us at the sweetest moment by a Govt thug who clips the ticket then blows the rest on dubious social experiments?? here endeth the rant for the day.
seriously tho some personal strategies eg controlled sales over several tax years, offsets against losses, distributions via discretionary trusts etc, reinvestments with accelerated up front negative gearing etc all thoughts welcome.unfortunately in mixed bags case not a lot can be done in preplanning with unplanned windfall take overs (a Par possibility btw)