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[sharechat] trading shares as a company

From:	"AD" <usenetreplies@hotmail.com>
Date:	Fri, 8 Mar 2002 00:01:51 +1300

I have heard a few people say that it is best to set up a company if you are
going to trade shares on a short to medium term basis, but I have failed to
ever get a direct answer as to why.

What are the actual advantages and disadvantages of setting up a company to
trade shares?

Also it seems if you trade as an individual you will be deemed to be a share
trader by IRD and once they deemed you as a share trader, every trade from
then on will be taxed even if you apply a long term 'buy and hold' approach
on part of your portfolio?

Thanks for any assistance

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Re: [sharechat] trading shares as a company jerrold poh

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