tax on shares, page-6

  1. 827 Posts.
    Are you saying that if my highest tax rate is 50% and if i have kept the share for more than 12 months, the the tax that i need to pay is:

    50% x $10000 = $5000
    $5000x 50% tax = $2500???

    i.e. have to pay $2500 on a $10000 profit???
 
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