Tax Q&A, December 13, 2017, Capital Gains Tax on Listing Gains
Date: 15-12-2017 Views: 910
In this video, we answer a viewer question on capital gains tax on listing gains of a share that the viewer bought when it was unlisted.
Edited Highlights
0:33 My Learnings had invested in an unlisted share 9 years ago and now the share has got listed recently
0:42 The question is what will be the tax treatment for capital gains
1:51 When you sell shares in a stock exchange, you pay Securities Transaction Tax (STT)
2:01 You have 2 choices. You can pay 10% capital gains tax without indexation of the capital gains made in nine years
2:44 In inflation indexation, you cost of acquiring the shares will be adjusted for the impact of inflation
2:56 This reduces the amount of taxable capital gains
3:17 You could also pay 20% capital gains tax with indexation
