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"Assume I'm in the highest tax bracket"45 cents in the dollar on...

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Golden Fleece

3,457 Posts.

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01/12/20

13:04

Post #: 49265663
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Originally posted by 211461: ↑

Hi HC team,

Just seeking some clarification.

For example, If I purchased $100,000 of shares in a company at the bottom of the market in March 2020 and then I sell these shares for $200,000 in March 2021 (>12 months after I purchased them) what capital gains tax is appreciated on these shares? Assume I'm in the highest tax bracket. Whereas if I sell these shares now for $200,000 what tax would be appreciated?

Obviously I know the shares could go down or up in price between now and March 2021.

Also, I remember a few years ago that HC was floated on the ASX? I can't seem to find it under its ticker of HOT? Anyone know what happened to it?

Muchos gracias,

211461.

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"Assume I'm in the highest tax bracket"

45 cents in the dollar on $50,000
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