MKR manuka resources ltd.
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Except that isnt how CGT works.If you realise $180k in profits...

  1. Saltminer
    174 Posts.
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    15/06/22
    14:01
    Post #: 62013264
    Except that isnt how CGT works.

    If you realise $180k in profits within 12 months, the $180k gets added onto your income for the year, which is then taxed at whatever marginal tax rate you fall into. The most you would pay in your latest little fantasy/hypothetical scenario is $81,000, assuming you were already going to be earning over $180k for the year, putting you in the top tax bracket.

    I am of course assuming you are investing on your personal account.
    MKR Price at posting: 20.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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4.1¢ 		Change
0.004(10.8%) 		Mkt cap ! $34.17M
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