In the hyperthetical situation there was a takeover within 12 months of purchasing shares would you be up for tax on 100% or is there a different ruling for this situation? seems to me to be a bit unfair if you have to pay tax on 100% if you weren't intending to sell within the 12 months. ie if you hold your shares for more than 12 months you only pay tax on 50%.
Cheers.
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