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Since 21/9/1999, if an investor makes capital gain by selling shares that were held for more than 12 months, the investor receives a 50% discount
Since 21/9/1999, if an investor makes capital gain by selling shares that were held for more than 12 months,
the investor receives a 50% discount on capital gain tax. | ||
the investors marginal tax rate is applied to 100% of the capital gain. | ||
the capital gain is tax-free. | ||
the investor receives a 60% discount on capital gain tax. |
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