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Re: [sharechat] Capital Gains


From: "Mike Hudson" <mikehudson@clear.net.nz>
Date: Sat, 8 Apr 2000 11:25:55 +1200


I am not a tax expert but I don't think that operating two brokerage
accounts would hold water with the IRD. I believe that you would need to
have two separate legal entities to be absolutely sure, say a Family Trust
for investment and as an individual for trading. If you have an income of
over $60k tax rates are also an issue.

Cheers
Mike H


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