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Thread: Capital Gain Tax?

  1. #1
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    Default Capital Gain Tax?

    http://sgproperty-advisor.blogspot.c...axed-soon.html

    Just wondering, was this Bill implemented eventually?


  2. #2
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    i prefer the capital gains tax to SSD anytime.

  3. #3
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    Quote Originally Posted by Regulators
    i prefer the capital gains tax to SSD anytime.
    But not good if your objective of property investment is on a long term basis. Which is what the government intended vs short term flipping

  4. #4
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    Quote Originally Posted by Jonathan0503
    But not good if your objective of property investment is on a long term basis. Which is what the government intended vs short term flipping
    If I had to choose one, I would think capital gains tax is the lesser of the two evils. Also, in my opinion capital gains tax is fairer than SSD.

  5. #5
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    Quote Originally Posted by Jonathan0503
    But not good if your objective of property investment is on a long term basis. Which is what the government intended vs short term flipping
    they could tier the capital gains tax to incentivise long term investors. for example, beyond 5 years, the capital gains tax could be 0%. first year capital gains tax is say 30%.

  6. #6
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    Quote Originally Posted by kane
    they could tier the capital gains tax to incentivise long term investors. for example, beyond 5 years, the capital gains tax could be 0%. first year capital gains tax is say 30%.
    Then that will be ideal

  7. #7
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    This is good only if it replaces SSD
    Ride at your own risk !!!

  8. #8
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    Quote Originally Posted by phantom_opera
    This is good only if it replaces SSD
    This could be a gradual easing in the measures from SSD to tiered capital gains tax.

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