Friday 5 September 2014

Stocks: TAX in the Philippines and in Australia

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Philippines:
- broker fee and tax is already calculated or deducted every time you buy and sell shares

Australia:
- tax is not yet deducted when you buy and sell shares
- only brokers fee is deducted for every transaction (buy/sell)
- Since tax was not deducted, you need to file what ever gain or loss during tax filing
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