Hi Rets,
Depends on more than one variable and imho, impossible to answer for the group at large.
If I were a SI for e.g, I would be holding my shares in a offshore protectorate (e.g Luxembourg), where I could sell and would be exempt from CGT.
Why pay when you do not need too?
I am sure there are many other 'vehicles' available to SI's that allow them to keep all of their 'sopshiticated' profits.
Cheers.
PK
Hi Rets,Depends on more than one variable and imho, impossible...
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