for jbarnes and others, just to clarify the talk, I trade thru a superfund, pay 15 cents tax, cheapest tax vehicle you can use. Capital gains tax and income tax all accounted for.
For those who do not have a superfund, you pay tax at the nominal rate, either 30, 42, 47 cents in the dollar. In a company you pay a flat 30 cents in the dollar, and no cgt concession availabe to a company.
I dont know how anyone got the impression that tax was not paid. All my posts about tax have explained how to pay the lowest tax, not to avoid it all together. cheers
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