“The benefit of that is the child is always the beneficial owner of the shares… you should get away with no capital gains tax on that transfer”
MI
Matt Ingram
Equity Mates Investing Podcast ·
“When it comes to things like… tracking capital gains tax and tax liabilities, you have ShareSite, you have Novexa… can be really helpful”
Matt Ingram · Equity Mates Investing Podcast · Ask an Adviser: Debt recycling, super & investing for kids - Community mailbag with Matt Ingram
Play from 23:18
23:18
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What was described
recommended using ShareSite (and Novexa) to track capital gains tax and tax liabilities for child investments
Said nearby on the same subject
“We've got a flat tax rate... contribute, pay 15% tax, 10% capital gains tax until retirement. And then you pay no tax.”
SW
Stuart Weems
Investopoly ·
“Donating appreciated stock… you avoid paying capital gains tax… still get to deduct the full fair market value”
AK
Amanda Kish
Motley Fool Hidden Gems Investing ·
“That's where you generally want your high growth potential, but tax efficient. So maybe if you own any stock index funds, things of that nature to benefit from the long-term capital gains. Tax deferred accounts, that's usually less tax efficient, but maybe lower return potential”
♫
Said on Motley Fool Hidden Gems Investing
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