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Politics : Formerly About Advanced Micro Devices
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To: Duncan Baird who wrote ()2/7/2000 3:10:00 PM
From: Hans de Vries  Read Replies (1) of 1577741
 
Thread: Capital Gain Tax.

This is an important question for me. In the Netherlands and other countries in Europe there is no capital gain tax. Here there is however. Now how does work?

like I think now:

A) If you have all your capital in shares at Dec.31 than you don't pay tax because you have shares and no capital (money) and thus no capital gain.

Or like I used to think:

B) You're broker adds money and your shares value at Dec.31 together. This is then your "capital" from which the capital gain tax will be calculated.

Can you please help me out on this one?

Thanks. Hans
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