But the definition of a Capital Gain is that it's "an increase in the value of a capital asset (investment or real estate) that gives it a higher worth than the purchase price"
In your example, you don't take into account the purchase price.
You spent $100, you made $100.
If the buy price = sell price, how can there even be a capital gain to tax?
- Forums
- ASX - General
- CGT on shares
But the definition of a Capital Gain is that it's "an increase...
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Featured News
The Watchlist
RDN
RAIDEN RESOURCES LIMITED
Dusko Ljubojevic, MD
Dusko Ljubojevic
MD
SPONSORED BY The Market Online