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[sharechat] tax on share trades


From: "nick" <acummin@es.co.nz>
Date: Mon, 24 Jan 2000 10:09:45 +1300


I know the law on capital gains tax for share trading
is rather ambiguous, how are you guys faring.?
   I am a short to medium trader rather than a day trader,
i usually buy with the intention of making a 20% profit this
usually takes months and i probably only do around 10/20
transactions a year tops,  will i have to pay capital gains tax?
   nick


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