SGR 1.03% 49.0¢ the star entertainment group limited

Ann: Notification of Substantial Shareholding - JPMorgan Chase, page-22

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    A share held for less than 12 months has any gain taxed in full at your marginal tax rate. A share held for longer than 12 months has 50% of the gain excluded, with the remaining 50% taxed at your marginal rate.

    The rate of tax is not 50% for a share held less than 12 months.
 
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