Not exactly. 100% of profits becomes taxable at your Income bracket. 50% tax is applicable after 12 months, again at your income bracket, but you keep 50% profit in cash, not taxable. Hence many trusts accounts to split the tax burden.
- Forums
- ASX - Day Trading
- Day Trading - 5 January 2018
Not exactly. 100% of profits becomes taxable at your Income...
Featured News
Featured News
The Watchlist
BTH
BIGTINCAN HOLDINGS LIMITED
David Keane, Co-Founder & CEO
David Keane
Co-Founder & CEO
Previous Video
Next Video
SPONSORED BY The Market Online