From google -
If you're a company, you're not entitled to any capital gains tax discount and you'll pay 30% tax on any net capital gains. If you're an individual, the rate paid is the same as your income tax rate for that year. For SMSF, the tax rate is 15% and the discount is 33.3% (rather than 50% for individuals).
Ann: Becoming a substantial holder, page-51
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
