CGT for individuals is their marginal income tax rate. The nett gain is treated as income.
The discount for holding for over a year is 50%, meaning you only pay tax (at your marginal income tax rate) on half of the gain.
For self-managed super the CGT rate is 15% and the discount is 33.3%.
For companies the CGT rate is 30%. No discount.
QBL-Buy the hype, sell the story, page-38
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