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Ask Lane Your Own Question
Category: Finance
Satisfied Customers: 12477
Experience:  Law Degree, specialization in Tax Law and Corporate Law, CFP and MBA, Providing Financial & Tax advice since 1986
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An individual invests R1 million into a venture capital

Customer Question

an individual invests R1 million into a venture capital company by subscribing for venture capital shares in the company.six years later the taxpayer sells the shares for proceeds of R1.8 million. the tax implications of the disinvestment will be
Submitted: 1 year ago.
Category: Finance
Expert:  Lane replied 1 year ago.



This came through the US tax area ... Is this a US tax question?


Is the individual n question a US person (citizen or tax resident)?


Let me know please

Customer: replied 1 year ago.
Expert:  Lane replied 1 year ago.

I'll opt out THis is listed as a Country: US question... You may want to contact Customer Serivce and have then change that