Capital Gain Tax or Trading tax?

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smriti shrestha

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Jul 7, 2009, 1:41:00 AM7/7/09
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Dear Friends,

Lets have discussion on which tax you prefer on share trading. As it
is more relevant and easy to calculate, I think trading tax of 2%
should be appropriate. what do you think?

Tilak Acharya

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Jul 7, 2009, 1:47:45 AM7/7/09
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Hello friends,

Trading tax might hurt liquidity traders. For example, if you urgently need cash by selling shares at the time of market price down; you have to pay tax instead of loss on investment value. And, it will gain to speculative trader (buy and sell securities for the capital gain).

So, i think, there should be capital gain tax but need to decrease by 50% of more for both corporate and individual. It must be between 5 to 10%. I do not think transaction tax is appropriate.

Thank you.
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Tilak Acharya

Suresh Dhakal

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Jul 7, 2009, 5:35:45 AM7/7/09
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dear friends, i think transaction tax is not appropriate.
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