Ha.. and the irony(or embarrassment) of calling out incorrect figures, with more incorrect figures! I shouldn't post at 7am on a Sunday.
That final tax figure for the first year of $400k did feel high - because it is. The correct number would be :
($7m - $5m) x 0.15 x ($7m - $3m)/ $7m = tax of just over $171k
Sorry for the slip up. Taxing unrealised gains is still a bad idea though.
Ha.. and the irony(or embarrassment) of calling out incorrect...
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Last
5.6¢ |
Change
-0.001(1.75%) |
Mkt cap ! $411.5M | |||
| Open | High | Low | Value | Volume |
| 5.6¢ | 5.7¢ | 5.5¢ | $390.3K | 7.001M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 124999 | 5.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.7¢ | 1243276 | 11 |
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| IMU (ASX) Chart |