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0.00% 1.7¢ golden state resources limited

Monads companies attract a 30% CGT on all profits and...

  1. savagetrader
    122 Posts.
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    24/04/07
    17:52
    Post #: 2387846
    Monads companies attract a 30% CGT on all profits and individuals also attract a 30% CGT on profits if sold inside a twelve month period. If sold after holding for twelve months then u will only be taxed on 50% of your profit.Companies will still be taxed at 30% of total profit. That is my understanding but always best to DYOR
    GDN Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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