Ann: Trading Halt, page-289

yes. if you hold a stock for 12 months or more, then when you sell, the capital gain that gets added to your taxable income for that year is halved. So if you are in the top tax bracket and make a capital gain of 100k then you will pay 45% on 100k if you had held less than 12 months and and 45% of 50k if you held for 12 months or more. Highly recommend you speak to your tax advisor if you are not across this stuff. disclaimer - I am not a tax advisor.