With the global economy being in an ever-changing state of flux and the world markets known to be fickle and unpredictable, it is still possible for real capital gains to be made in the forex market. An understanding of market trends, strategies, and an eye for potential opportunities are essential for potentially earning lucrative profits in the forex market. In this article, we will explore the current state of forex capital gain expectations and how to capitalize on them. for index 5
According to Australian Taxation Office records, the capital gain for index 5 is $20,000. This represents an increase in value of the asset over the period of ownership. As such, it is subject to capital gains tax. The rate of tax depends on your individual circumstances. Factors such as the type of asset, length of ownership, and tax residence may all affect the rate at which capital gains must be paid. Please consult a taxation professional for more details.