Hi Pootie, my post explains that if you hold an asset (shares/property) for more than 12 months that only 50% of the capital gain is assessed by the tax office.
It's addressing the 50% CGT discount only.
For CGT info related to selling shares try this;
https://www.mywealth.commbank.com.a...ide--capital-gains-tax-on-shares-news20130916
Google is your friend, if you're investing in any asset class it's in your own best interest to understand how the tax system works (especially if you like making money
). Don't just rely on your accountant to get it all right.