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tax implication on shares

This topic has 1 reply, 2 voices, and was last updated 10 years ago by John Moffat.

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November 18, 2014 at 5:14 pm #211071
jess
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on shareholders perspective, are both dividend received and capital gain on selling share taxable? if yes, which one they have to pay higher tax on?
November 18, 2014 at 6:58 pm #211088
John Moffat
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Dividends received are deemed to be net of tax at basic rate – only higher rate taxpayers will pay more tax. Capital gains are also taxable.
I have no idea of the rates! This is not a tax exam 🙂
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