Stock analysis CTRM and SNDL
quick analysis over $Castor Maritime(CTRM.US$ and $SNDL Inc(SNDL.US$
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Cosmoly : Could you please elaborate on the tax implications? Like how does it affect stock market ? Is it a historic thing or specific to this year
OFFICER TRUTHOP Cosmoly: Capital gains tax rate vs ordinary income tax rate.
So capital gains tax is capped at 15% if you hold your position for a rolling 12 months.
If you sell before then, you will be taxed on the gains at your ordinary income rate which would be much higher than 15% for wealthy individuals.
Cosmoly OFFICER TRUTHOP: Gotcha. Thank you!