27-04-2023, 10:31 AM
It does seem that they are trying to get that 'taxing capital gains' in the spotlight by spinning it a bit towards the lost tax revenue from 'income' argument, as against the gain in asset value...
On the whole i'm not opposed to a CGT - is it normally applied on an annual basis or just on disposal of the asset? the former would seem impractical as you would potentially have to sell an asset to pay the CGT, and what if value declined...
On the whole i'm not opposed to a CGT - is it normally applied on an annual basis or just on disposal of the asset? the former would seem impractical as you would potentially have to sell an asset to pay the CGT, and what if value declined...
This world would be a perfect place if it wasn't for the people.
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