If an investor sells a share for more than they purchased the share for, the investor is subject to
A)capital gains tax.
B)income tax.
C)indexation tax.
D)franking tax.

Question

Quizplus · Accepted Answer

When an investor sells a share for more than they purchased it for, they have earned a capital gain. Capital gains are subject to capital gains tax, which is calculated on the difference between the sale price and the purchase price.

If an Investor Sells a Share for More Than They