Tautachrome Inc (TTCM)

[newsta14]

From memory you are in Australia? In which case if you sell shares that you have owned for less than one year you are taxed at your normal tax rate depending on how much you earn, 37% if you earn between $80k-$180k. If you sell the shares after one year of ownership you only pay tax on 50% of your capital gain (profit), again at your normal tax rate. So if you hold shares for more than one year and sell them for a $200,000 profit (capital gain) you will only pay tax (at your normal tax rate) on 50% of that profit ($100,000)