Hi All,
I have a question regarding capital gains tax. I have held my current Karoon shares for over a year, meaning if I sell them I will get taxed on only 50% of my profit... what happens if I purchase more shares? will I still only get taxed on 50% of my profit on the shares I have held for over a year, and get taxed the normal rate for the new shares?
Or will I get taxed the normal tax rate on everything?
anyone any ideas? - sorry for posting here but I thought it might be relevant to other Karoon holders.
question regarding cgt
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