RE: Would anyone9 Jan 2019 09:53
'....I do not plan to be in BMN in 10 years from now, because I would like to use any profits to fund retirement, a holiday home abroad etc.etc. I don't plan on dying leaving 3.3million shares in my estate lol.' Expert
Expert, isn't this what for hundreds of years, generations of fathers handed over to their sons? Funny, the generation who says 'Sorry son, I have consumed everything' is a new phenomen, isnt it? Unthinkable for nobel Englishmen of the 18th or 19th century, right? But then of course their estate was mote than just side by side houses, with a garden of a postal stamp...
As for trading: Look around and see where your institutionals are registered: You'll quickly realize their departments are based in Jersey or Barbados etc.
IMO any risky speculation, such as the stockmarket, should be free of tax. Imagine if casino, lottery or poker gains are suddenly taxed 20%. Would anyone still bother to take these risks?