FDL flinders diamonds limited

capital gain tax, page-29

  1. 6,900 Posts.
    lightbulb Created with Sketch. 50
    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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