Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
pawel7777
on 27/06/2023, 21:55:24 UTC
good old germany Grin



Australia is not 32% for long term capital gains.

You actually get a 50% discount on capital gains tax for assets held longer than 12months. Based on your marginal tax rate.

Depending on which marginal tax brackets you are in, your paying 16.25% / 18.5% or 22.5%

And for the UK, 45% is the highest tax band. So looks like this chart represents some worst-case scenario or something.