Hi Rets,
Depends on more than one variable and imho, impossible to answer for the group at large.
If I were a SI for e.g, I would be holding my shares in a offshore protectorate (e.g Luxembourg), where I could sell and would be exempt from CGT.
Why pay when you do not need too?
I am sure there are many other 'vehicles' available to SI's that allow them to keep all of their 'sopshiticated' profits.
Cheers.
PK
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