I'm wondering about the specific details of the 5 year rule related to share buy back. Could someone explain this rule and its implications?
6 answers
MatthewThomas
Sun Nov 03 2024
The profit derived from the sale of shares will be subject to special taxation.
ShintoMystic
Sun Nov 03 2024
Specifically, the shareholder must have held the shares for a minimum of five years.
KatanaSharpened
Sun Nov 03 2024
When a shareholder participates in a company share buyback.
GangnamGlamour
Sun Nov 03 2024
In such cases, the profit is considered capital gains.
Riccardo
Sun Nov 03 2024
And if the shareholder holds the status of an employee or director.