Thank you for those ideas @PhantomGWW.
If I can add to your comment as an idea for those of you who live in Australia and hold WBT, you can consider this:
If the value of your shares at one point grows exponencially and you need an strategy, it could be interesting becoming financial resident in a low or zero Capital Gain Tax country. You might want to explore that with an accountant from New Zealand ( I believe the CGT there is much lower than in Australia)
There are interesting low CGT countries in Europe and elsewhere which for certain levels of wealth might be worth considering as well.
As long as you dont spend more than 183 days in a country you dont have to pay taxes there and can chose where to pay them.
I am not an accountant but its worth considering your options based in your requirements and expectations of course.
As always, DYOR
Thank you for those ideas @PhantomGWW.If I can add to your...
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Last
$2.57 |
Change
0.040(1.58%) |
Mkt cap ! $485.5M | |||
| Open | High | Low | Value | Volume |
| $2.54 | $2.60 | $2.54 | $299.0K | 116.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 2357 | $2.57 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.58 | 2796 | 6 |
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| Last trade - 11.35am 17/07/2024 (20 minute delay) ? |
| WBT (ASX) Chart |