Hi guys,A newbie question regarding capital gain.Say if I buy...

  1. 58 Posts.
    Hi guys,

    A newbie question regarding capital gain.

    Say if I buy 100 XYZ shares at $1, for a total of $100.
    Few weeks later, SP goes up to $2, I sell 50 XYZ shares at $2, for a total of $100. (Not holding more than 1 year, free riding on the remaining 50 shares).

    Assuming these are the only two transactions for this financial year, will I be subjected to $50 of capital gain? Or will it be calculated when I sell the remaining 50 shares later?

    Thanks heap.
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.